William Thomas McLain Jr. - 20 Feb 2025 Form 4 Insider Report for EASTMAN CHEMICAL CO (EMN)

Role
EVP, CFO
Signature
/s/ Mark D. Austin, by Power of Attorney for Willian T. McLain Jr.
Issuer symbol
EMN
Transactions as of
20 Feb 2025
Net transactions value
-$52,098
Form type
4
Filing time
24 Feb 2025, 16:20:44 UTC
Previous filing
20 Feb 2025
Next filing
28 Aug 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EMN Common Stock Options Exercise $146,165 +1,963 +3.9% $74.46 51,817 21 Feb 2025 Direct
transaction EMN Common Stock Sale $198,263 -1,963 -3.8% $101.00 49,854 21 Feb 2025 Direct

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 +28,919 $0.000000 28,919 20 Feb 2025 Common Stock 28,919 $100.56 Direct F1
transaction EMN Restricted Stock Units Award $0 +5,523 $0.000000 5,523 20 Feb 2025 Common Stock 5,523 Direct F2, F3
transaction EMN Employee Stock Option (right to buy) Options Exercise $0 -1,963 -100% $0.000000 0 21 Feb 2025 Common Stock 1,963 $74.46 Direct
* 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 20, 2026, February 20, 2027, and February 20, 2028, respectively.
F2 Each restricted stock unit represents a contingent right to receive one share of issue 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 20, 2028, subject to continued employment.