SEC Form 4 · accession 0000899243-16-014774
EASTMAN CHEMICAL CO · EMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brad A Lich
Officer — Executive Vice President
Period of report
Feb 26, 2016
Accepted (ET)
Mar 1, 2016 · 10:32 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000915389
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $65.16 | Feb 26, 2016 | A | 36,377 | A | Feb 26, 2017 | Feb 25, 2026 | Common Stock | 36,377 | 36,377 | D |
| Restricted Stock UnitsF2,F3 | — | Feb 28, 2016 | A | 23,500 | A | — | — | Common Stock | 23,500 | 23,500 | D |
Explanation of responses
- F1One-third of the option becomes exercisable on February 26, 2017, February 26, 2018 and February 26, 2019, respectively.
- F2Each restricted stock unit represents a contingent right to receive one share of issuer common stock.
- F3The restricted stock units will vest and payout in unrestricted shares of Company common stock on February 28, 2019, subject to Mr. Lich's continued employment.