BRETT D. BEGEMANN - 01 Apr 2022 Form 4 Insider Report for EASTMAN CHEMICAL CO (EMN)

Role
Director
Signature
Mark D. Austin, by Power of Attorney
Issuer symbol
EMN
Transactions as of
01 Apr 2022
Net transactions value
+$65,380
Form type
4
Filing time
05 Apr 2022, 16:06:42 UTC
Previous filing
05 Oct 2021
Next filing
09 May 2022
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 Phantom Stock Units Award $65,380 +587 +1.8% $111.38 34,036 01 Apr 2022 Common Stock 587 $0.000000 Direct F1, F2, F3
transaction EMN Phantom Stock Units Award $0 +270 +0.79% $0.000000 34,306 01 Apr 2022 Common Stock 270 $0.000000 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Phantom Stock Units credited under the Directors' Deferred Compensation Plan, each having a value equal to the market value of one share of issuer common stock and payable only in cash after termination of service as a director.
F2 Voluntary deferral at election of director of a portion of director's retainer fees that would otherwise have been paid in cash into the director's stock account of the Directors' Deferred Compensation Plan.
F3 Includes 353 units credited since October 1, 2021 as hypothetical reinvestment of dividend equivalents.
F4 Automatic deferral of a portion of director's annual retainer fees into the director's stock account of the Directors' Deferred Compensation Plan.