Adrian James Holt - 01 Jun 2023 Form 4 Insider Report for EASTMAN CHEMICAL CO (EMN)

Role
SVP, Chf HR Ofcr
Signature
/s/ Mark D. Austin, by Power of Attorney for Adrian James Holt
Issuer symbol
EMN
Transactions as of
01 Jun 2023
Net transactions value
$0
Form type
4
Filing time
05 Jun 2023, 16:01:36 UTC
Previous filing
12 May 2023
Next filing
03 Aug 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 Employee Stock Option (right to buy) Award $0 +5,925 $0.000000 5,925 01 Jun 2023 Common Stock 5,925 $77.75 Direct F1
transaction EMN Restricted Stock Units Award $0 +4,341 $0.000000 4,341 01 Jun 2023 Common Stock 4,341 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-third of the option becomes exercisable on June 1, 2024, June 1, 2025, and June 1, 2026, respectively.
F2 Each restricted stock unit represents a contingent right to receive one share of issuer common stock.
F3 The restricted stock units will vest and payout in unrestricted shares of Company stock on June 1, 2026, subject to Mr. Holt's continued employment.