SEC Form 4 · accession 0000899243-16-017531
EASTMAN CHEMICAL CO · EMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lewis M Kling
Director
Period of report
Apr 1, 2016
Accepted (ET)
Apr 5, 2016 · 10:51 am EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF2,F3,F1 | $0.00 | Apr 1, 2016 | A | 409 | A | — | — | Common Stock | 409 | 22,953 | D |
| Phantom Stock UnitsF4,F3,F1 | $0.00 | Apr 1, 2016 | A | 730 | A | — | — | Common Stock | 730 | 23,683 | D |
Explanation of responses
- F1Phantom 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 and payable only in cash after termination of service as a director.
- F2Automatic deferral of a portion of director's annual retainer fees that would otherwise have been paid in cash into the director's stock account of the Directors' Deferred Compensation Plan.
- F3Includes 239 units credited since October 1, 2015 as hypothetical reinvestment of dividend equivalents.
- F4Voluntary deferral at election of director of a portion of director's retainer fees into the director's stock account of the Directors' Deferred Compensation Plan.