SEC Form 4 · accession 0000899243-18-003485
EASTMAN CHEMICAL CO · EMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark J Costa
Officer — Chief Executive Officer · Director
Period of report
Feb 8, 2018
Accepted (ET)
Feb 12, 2018 · 8:37 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 Stock | Feb 8, 2018 | M | 55,000 | $27.82 | A | 212,991 | D | |
| Common Stock | Feb 8, 2018 | S | 55,000 | $98.26 | D | 157,991 | D | |
| Common Stock | holding | — | — | — | 2,447 | I | By ESOP |
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)F2 | $27.82 | Feb 8, 2018 | M | 55,000 | D | Oct 27, 2012 | Oct 26, 2019 | Common Stock | 55,000 | 0 | D |
Explanation of responses
- F1The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person and his broker on December 7, 2017.
- F2The option excercise 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 common stock.