Humberto P. Alfonso - 05 Apr 2024 Form 4 Insider Report for EASTMAN CHEMICAL CO (EMN)

Role
Director
Signature
/s/ Mark D. Austin, by Power of Attorney for Humberto P. Alfonso
Issuer symbol
EMN
Transactions as of
05 Apr 2024
Net transactions value
+$70,879
Form type
4
Filing time
09 Apr 2024, 16:04:25 UTC
Previous filing
11 Oct 2023
Next filing
06 May 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 Phantom Stock Units Award $70,879 +710 +1.7% $99.83 43,241 05 Apr 2024 Common Stock 710 $0.000000 Direct F1, F2, F3
transaction EMN Phantom Stock Units Award $0 +303 +0.7% $0.000000 43,544 05 Apr 2024 Common Stock 303 $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 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 a portion of director's retainer fees that would otherwise have been paid in cash into the director's stock account of the Director's' Deferred Compensation Plan.
F3 Includes 777 units credited since October 6, 2023, 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.