SEC Form 4 · accession 0000899243-17-002638
EASTMAN CHEMICAL CO · EMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert M Hernandez
Director
Period of report
Feb 1, 2017
Accepted (ET)
Feb 3, 2017 · 11:44 am EST
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 | Feb 1, 2017 | M | 4,000 | $33.36 | A | 6,828 | D | |
| Common StockF1 | Feb 1, 2017 | S | 4,000 | $77.75 | D | 2,828 | D | |
| Common StockF1 | Feb 1, 2017 | M | 4,000 | $36.66 | A | 6,828 | D | |
| Common StockF1 | Feb 1, 2017 | S | 4,000 | $77.75 | D | 2,828 | D | |
| Common StockF2 | holding | — | — | — | 42,776 | I | By Robert M. Hernandez Revocable Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director stock option (right to buy)F3 | $33.36 | Feb 1, 2017 | M | 4,000 | D | May 3, 2009 | May 2, 2017 | Common Stock | 4,000 | 0 | D |
| Director stock option (right to buy)F3 | $36.66 | Feb 1, 2017 | M | 4,000 | D | May 1, 2010 | Apr 30, 2018 | Common Stock | 4,000 | 0 | D |
Explanation of responses
- F1Excludes 1,136 shares previously reported as directly owned which since May 9, 2016 have been transferred to indirect ownership in the Robert M. Hernandez Revocable Trust
- F2As described in Note 1, includes 1,136 shares previoulsy reported as directly owned.
- F3The 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 the common stock.