Perry Stuckey - 17 May 2021 Form 4 Insider Report for EASTMAN CHEMICAL CO (EMN)

Role: SVP, Chf HR Ofcr
Signature: Brian L. Henry, by Power of Attorney
Issuer symbol: EMN
Transactions as of: 17 May 2021
Net transactions value: -$793,180
Form type: 4
Filing time: 19 May 2021, 12:49:32 UTC
Next filing: 02 Jun 2021
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	$796,972	+12,231	+34%	$65.16	48,627	17 May 2021	Direct	F1
transaction	EMN	Common Stock	Sale	$1,590,152	-12,231	-25%	$130.01	36,396	17 May 2021	Direct	F1, F2
holding	EMN	Common Stock						1,043	17 May 2021	By ESOP
holding	EMN	Common Stock						921	17 May 2021	By 401(k) Plan

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)	Options Exercise	$0	-12,231	-66%	$0.000000	6,305	17 May 2021	Common Stock	12,231	$65.16	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The option exercise and stock sale reported in this Form 4 was effected pursusant to a Rule 10b5-1 trading plan entered into by the reporting person and his broker on February 12, 2021.
F2	Average weighted sale price for shares disposed of in the reported transaction. The shares were sold in multiple broker's transactions at various prices per share ranging from $130.00 to $130.05. The reporting person undertakes to provide to the issuer, any stockholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2).

Content

The option exercise and stock sale reported in this Form 4 was effected pursusant to a Rule 10b5-1 trading plan entered into by the reporting person and his broker on February 12, 2021.

Average weighted sale price for shares disposed of in the reported transaction. The shares were sold in multiple broker's transactions at various prices per share ranging from $130.00 to $130.05. The reporting person undertakes to provide to the issuer, any stockholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2).