BRAD A. LICH - 27 Feb 2024 Form 4 Insider Report for EASTMAN CHEMICAL CO (EMN)

Role
EVP & CCO
Signature
/s/ Mark D. Austin, by Power of Attorney for Brad A. Lich
Issuer symbol
EMN
Transactions as of
27 Feb 2024
Transactions value $
$0
Form type
4
Filing time
29 Feb 2024, 16:07:39 UTC
Previous filing
16 Feb 2024
Next filing
04 Mar 2024
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 +31.8K $0.00 31.8K 27 Feb 2024 Common Stock 31.8K $86.15 Direct F1
transaction EMN Restricted Stock Units Award $0 +6.43K $0.00 6.43K 27 Feb 2024 Common Stock 6.43K 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.