SEC Form 4 · accession 0000899243-18-005751
EASTMAN CHEMICAL CO · EMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lucian Boldea
Officer — Senior Vice President
Period of report
Feb 26, 2018
Accepted (ET)
Feb 28, 2018 · 9:19 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 | $104.21 | Feb 26, 2018 | A | 33,693 | A | Feb 26, 2019 | Feb 25, 2028 | Common Stock | 33,693 | 33,693 | D |
| Restricted Stock UnitsF2,F3 | — | Feb 26, 2018 | A | 14,394 | A | — | — | Common Stock | 14,394 | 14,394 | D |
Explanation of responses
- F1One-third of the option becomes exercisable on February 26, 2019, February 26, 2020, and February 26, 2021, 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 26, 2021, subject to Mr. Boldea's continued employment.