Filing Details
- Accession Number:
- 0000899243-17-005926
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-03-02 09:24:48
- Reporting Period:
- 2017-02-28
- Filing Date:
- 2017-03-02
- Accepted Time:
- 2017-03-02 09:24:48
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 915389 | Eastman Chemical Co | EMN | Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821) | 621539359 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1444370 | V. Scott King | 200 South Wilcox Kingsport TN 37660 | Cao & Controller | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2017-02-28 | 3,000 | $39.84 | 17,831 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-02-28 | 3,000 | $79.57 | 14,831 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2017-02-28 | 5,000 | $79.55 | 9,831 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2017-02-28 | 3,000 | $0.00 | 3,000 | $39.84 |
| Common Stock | Restrictive Stock Units | Acquisiton | 2017-02-28 | 2,550 | $0.00 | 2,550 | $0.00 |
| Common Stock | Employee Stock Option (right to buy) | Acquisiton | 2017-02-28 | 8,075 | $0.00 | 8,075 | $80.25 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2013-11-02 | 2020-11-01 | No | 4 | M | Direct |
| 2,550 | No | 4 | A | Direct | ||
| 8,075 | 2018-02-28 | 2027-02-27 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 40 | Indirect | By ESOP |
| Common Stock | 2,036 | Indirect | By 401(k) Plan |
Footnotes
- Average weighted sale price for shares disposed of in the reported transaction. The shares were sold in multiple broker's transactions at various prices per share ranging from $79.50 to $79.70. The reporting person undertakes to provide to the issuer, any stockholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1).
- The option exercise price was halved and the number of shares underlying the option was doubled in the October 3, 2011 2-for-1 stock split by dividend of the common stock.
- Each restricted stock unit represents a contingent right to receive one share of issuer common stock.
- The restricted stock units will vest and payout in unrestricted shares of Company stock on February 28, 2020, subject to Mr. King's continued employment.
- One-third of the option becomes exercisable on February 28, 2018, February 28, 2019, and February 28, 2020, respectively.
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