SEC Form 4 · accession 0001209191-15-041444
EASTMAN CHEMICAL CO · EMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Godefroy AFE Motte
Officer — Senior Vice President
Period of report
May 8, 2015
Accepted (ET)
May 12, 2015 · 11:35 am 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 8, 2015 | M | 9,000 | $27.82 | A | 61,182 | D | |
| Common StockF1 | May 8, 2015 | D | 9,000 | $80.07 | D | 52,182 | D | |
| Common Stock | May 8, 2015 | S | 7,920 | $80.07 | D | 44,262 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF2 | $27.82 | May 8, 2015 | M | 9,000 | D | Oct 27, 2012 | Oct 26, 2019 | Common Stock | 9,000 | 0 | D |
Explanation of responses
- F1Deemed simultaneous purchase from and sale to the issuer of shares underlying Stock Appreciation Rights ("SAR"s) exercised. The SARs were exercised for cash, and did not involve the actual issuance or disposition of common stock.
- F2The SAR exercise price was halved and the number of shares underlying the SAR was doubled in the October 3, 2011 2-for-1 stock split by dividend of the common stock.