SEC Form 4 · accession 0000899243-16-032207
EASTMAN CHEMICAL CO · EMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Damon Cary Warmack
Officer — Senior Vice President
Period of report
Oct 20, 2016
Accepted (ET)
Oct 24, 2016 · 10:01 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000915389
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 20, 2016 | M | 3,513 | — | A | 3,513 | D | |
| Common StockF2 | Oct 20, 2016 | F | 961 | $66.89 | D | 2,552 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Oct 20, 2016 | M | 3,513 | D | — | Oct 20, 2016 | Common Stock | 3,513 | 1,758 | D |
Explanation of responses
- F1Payout of shares underlying restricted stock units upon satisfaction of time condition to vesting.
- F2Shares of common stock withheld in satisfacton of tax liability upon vesting of the 3,513 restricted stock units.
- F3Remaining one-third of the underlying shares that vest on 10/20/2017 subject to continued employment.