SEC Form 4 · accession 0000899243-18-011802
EASTMAN CHEMICAL CO · EMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark K Cox
Officer — Senior Vice President
Period of report
May 7, 2018
Accepted (ET)
May 8, 2018 · 3:01 pm 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 | May 7, 2018 | M | 2,689 | $69.73 | A | 13,250 | D | |
| Common StockF2,F1 | May 7, 2018 | S | 2,689 | $105.13 | D | 10,561 | D | |
| Common StockF1 | May 7, 2018 | M | 6,933 | $74.46 | A | 17,494 | D | |
| Common StockF3,F1 | May 7, 2018 | S | 6,933 | $105.17 | D | 10,561 | D | |
| Common StockF1 | May 7, 2018 | M | 3,478 | $65.16 | A | 14,039 | D | |
| Common StockF4,F1 | May 7, 2018 | S | 3,478 | $105.27 | D | 10,561 | D |
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) | $69.73 | May 7, 2018 | M | 2,689 | D | Feb 28, 2016 | Feb 27, 2023 | Common Stock | 2,689 | 0 | D |
| Employee stock option (right to buy) | $74.46 | May 7, 2018 | M | 6,933 | D | Feb 27, 2018 | Feb 26, 2025 | Common Stock | 6,933 | 0 | D |
| Employee stock option (right to buy)F5 | $65.16 | May 7, 2018 | M | 3,478 | D | Feb 26, 2018 | Feb 25, 2026 | Common Stock | 3,478 | 6,949 | D |
Explanation of responses
- F1Includes 57 shares acquired since February 16, 2018 resulting from automatic reinvestment of dividends.
- F2Average weighted sale price for shares disposed of in the reported transaction. The shares were sold in multiple broker's transactions at various prices per share ranging from $105.05 to $105.56. The reporting person undertakes to provide to the issuer, any stockholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2).
- F3Average weighted sale price for shares disposed of in the reported transaction. The shares were sold in multiple broker's transactions at various prices per share ranging from $105.00 to $105.78. The reporting person undertakes to provide to the issuer, any stockholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3).
- F4Average weighted sale price for shares disposed of in the reported transaction. The shares were sold in multiple broker's transactions at various prices per share ranging from $105.00 to $105.49. The reporting person undertakes to provide to the issuer, any stockholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (4).
- F5One-third of the option became exercisable on each of February 26, 2017 and February 26, 2018, respectfully, and one-third of the option becomes exercisable on February 26, 2019.