Eastman Chemical grants options and RSUs to CFO
McLain William Thomas Jr. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
McLain William Thomas Jr. reported acquisition or exercise transactions in this Form 4 filing.
Eastman Chemical executive vice president and CFO William Thomas McLain Jr. reported equity awards consisting of 59,801 employee stock options and 8,227 restricted stock units, both granted at a price of $0 per unit.
One-third of the options become exercisable on February 24, 2027, February 24, 2028, and February 24, 2029. Each restricted stock unit represents the right to receive one share of common stock and will vest and pay out in unrestricted shares on February 24, 2029, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 59,801 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 8,227 | $0.00 | $0.00 |
Footnotes (3)
- F1. One-third of the options become exercisable on February 24, 2027, February 24, 2028, and February 24, 2029, respectively.
- F2. Each restricted stock unit represents a contingent right to receive one share of issuer common stock.
- F3. The restricted stock units will vest and payout in unrestricted shares of Company common stock on the third anniversary of the grant date, February 24, 2029, subject to continued employment.
FAQ
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What did Eastman Chemical (EMN) disclose about the CFO's latest equity awards?
How do the new stock options granted to Eastman Chemical's CFO vest?
What are the key terms of the restricted stock units granted to EMN's CFO?
Is the Form 4 transaction for Eastman Chemical’s CFO a purchase or an award?
Does the Eastman Chemical CFO Form 4 show any stock sales?
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