SEC Form 4 · accession 0000899243-17-005922
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
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 9:17 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 | $80.25 | Feb 28, 2017 | A | 18,304 | A | Feb 28, 2018 | Feb 27, 2027 | Common Stock | 18,304 | 18,304 | D |
| Restricted Stock UnitsF2,F3 | — | Feb 28, 2017 | A | 12,700 | A | — | — | Common Stock | 12,700 | 12,700 | D |
Explanation of responses
- F1One-third of the option becomes exercisable on February 28, 2018, February 28, 2019, and February 28, 2020, 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 stock on February 28, 2020, subject to Mr. Crawford's continued employment.