SEC Form 4 · accession 0000899243-16-030965
EASTMAN CHEMICAL CO · EMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Glenn Crawford
Officer — SVP & CTO
Period of report
Oct 3, 2016
Accepted (ET)
Oct 4, 2016 · 6:23 pm 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 | Oct 3, 2016 | A | 688 | A | — | — | Common Stock | 688 | 5,747 | D |
Explanation of responses
- F1Phantom Stock Units credited under the Executive Deferred Compensation Plan (the "EDCP"), each having a value equal to the market value of one share of issuer common stock and payable only in cash and, subject to certain acceleration and early withdrawal provisions, after termination of employment.
- F2Deferral of compensation at election of employee into Phantom Stock Units in the EDCP.
- F3Includes 28 units credited since July 1, 2016 as hypothetical reinvestment of dividend equivalents.