Brett D. Begemann - May 2, 2024 Form 4 Insider Report for EASTMAN CHEMICAL CO (EMN)

Role
Director
Signature
/s/ Mark D. Austin, by Power of Attorney for Brett D. Begemann
Stock symbol
EMN
Transactions as of
May 2, 2024
Transactions value $
$120,092
Form type
4
Date filed
5/6/2024, 04:03 PM
Previous filing
Apr 9, 2024
Next filing
Oct 9, 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 $120K +1.25K +2.76% $95.92 46.6K May 2, 2024 Common Stock 1.25K $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Unvested 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. The Phantom Stock Units will vest on May 2, 2025, and are payable only in cash.
F2 Deferral at election of director of value of annual non-employee director restricted stock award that would otherwise have been paid in common stock.
F3 Includes 41 units credited since April 05, 2024, as hypothetical reinvestment of dividend equivalents.