Eric L. Butler - 10 Apr 2023 Form 4 Insider Report for EASTMAN CHEMICAL CO (EMN)

Role
Director
Signature
/s/ Mark D. Austin, by Power of Attorney for Eric L. Butler
Issuer symbol
EMN
Transactions as of
10 Apr 2023
Net transactions value
$0
Form type
4
Filing time
12 Apr 2023, 16:00:20 UTC
Previous filing
12 Oct 2022
Next filing
08 May 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EMN Phantom Stock Units Award $0 +369 +107% $0.000000 713 10 Apr 2023 Common Stock 369 $0.000000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Phantom Stock Units credited under the Directors' Deferred Compensation Plan, each having a value equal to the market value of one share of issuer common stock and payable only in cash after termination of service as a director.
F2 Automatic deferral of a portion of director's annual retainer fees that would otherwise have been paid in cash into the director's stock account of the Directors' Deferred Compensation Plan.
F3 Includes 6 units credited since October 7, 2022, as hypothetical reinvestment of dividend equivalents.