SNEED NORRIS P 4
4 · EASTMAN CHEMICAL CO · Filed Nov 4, 2010
Insider Transaction Report
Form 4
SNEED NORRIS P
SVP, Manuf Spt & Chf Admn Off
Transactions
- Discretionary Transaction
Phantom Stock Units
2010-11-02$79.68/sh−2,444$194,738→ 0 totalExercise: $0.00→ Common Stock (2,444 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2010-11-02−25,000→ 0 totalExercise: $60.92From: 2009-10-31Exp: 2016-10-30→ Common Stock (25,000 underlying) - Exercise/Conversion
Common Stock
2010-11-02$53.51/sh+22,000$1,177,220→ 36,417 total - Exercise/Conversion
Common Stock
2010-11-02$55.63/sh+5,383$299,456→ 77,333 total - Exercise/Conversion
Common Stock
2010-11-02$36.60/sh+10,533$385,508→ 71,950 total - Award
Employee Stock Option (Right to Buy)
2010-11-02+13,000→ 13,000 totalExercise: $79.68From: 2011-11-02Exp: 2020-11-01→ Common Stock (13,000 underlying) - Exercise/Conversion
Common Stock
2010-11-02$60.92/sh+25,000$1,523,000→ 61,417 total - Sale
Common Stock
2010-11-02$79.93/sh−66,981$5,353,791→ 10,352 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2010-11-02−22,000→ 0 totalExercise: $53.51From: 2008-11-01Exp: 2015-10-31→ Common Stock (22,000 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2010-11-02−10,533→ 5,267 totalExercise: $36.60From: 2010-10-28Exp: 2018-10-27→ Common Stock (10,533 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2010-11-02−5,383→ 10,767 totalExercise: $55.63From: 2010-10-27Exp: 2019-10-26→ Common Stock (5,383 underlying)
Footnotes (3)
- [F1]Average sale price for shares disposed of in the reported transaction. The shares were sold in multiple brokers' transactions at various market prices per share ranging from $79.60 to $80.26.
- [F2]One-third of the option becomes exercisable on November 2, 2011, November 2, 2012, and November 2, 2013, respectively.
- [F3]Phantom stock units credited under the Executive Deferred Compensation Plan, each having a value of one share of issuer common stock and payable only in cash and, subject to certain acceleration and early withdrawal provisions, after termination of employment.