Brian Travis Smith - Feb 27, 2024 Form 4 Insider Report for EASTMAN CHEMICAL CO (EMN)

Role
SVP, Add & Funct Prod
Signature
/s/ Mark D. Austin, by Power of Attorney for Brian Travis Smith
Stock symbol
EMN
Transactions as of
Feb 27, 2024
Transactions value $
$0
Form type
4
Date filed
2/29/2024, 04:02 PM
Previous filing
Feb 16, 2024

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 +21.2K $0.00 21.2K Feb 27, 2024 Common Stock 21.2K $86.15 Direct F1
transaction EMN Restricted Stock Units Award $0 +4.29K $0.00 4.29K Feb 27, 2024 Common Stock 4.29K 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 February 27, 2025, February 27, 2026, and February 27, 2027, 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 common stock on the third anniversary of the grant date, February 27, 2027, subject to continued employment.