William Thomas McLain Jr. - 27 Feb 2024 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: 27 Feb 2024
Transactions value $: $0
Form type: 4
Filing time: 29 Feb 2024, 16:02:56 UTC
Previous filing: 21 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	+26.8K		$0.00	26.8K	27 Feb 2024	Common Stock	26.8K	$86.15	Direct	F1
transaction	EMN	Restricted Stock Units	Award	$0	+5.42K		$0.00	5.42K	27 Feb 2024	Common Stock	5.42K		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.