BRIAN TRAVIS SMITH - 27 Feb 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
Issuer symbol
EMN
Transactions as of
27 Feb 2024
Net transactions value
$0
Form type
4
Filing time
29 Feb 2024, 16:02:32 UTC
Previous filing
16 Feb 2024
Next filing
20 Feb 2025
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 +21,182 $0.000000 21,182 27 Feb 2024 Common Stock 21,182 $86.15 Direct F1
transaction EMN Restricted Stock Units Award $0 +4,288 $0.000000 4,288 27 Feb 2024 Common Stock 4,288 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.