Eastman Chemical (EMN) Form 3 EASTMAN CHEMICAL / Adrian James Holt ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:	3235-0104
Estimated average burden
hours per response:	0.5

1. Name and Address of Reporting Person^*

Holt Adrian James

(Last) (First) (Middle)

200 S. WILCOX DRIVE

(Street)

KINGSPORT TN 37660

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/04/2023

3. Issuer Name and Ticker or Trading Symbol
EASTMAN CHEMICAL CO [ EMN ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP, Chf HR Ofcr

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	02/24/2024(1)	02/23/2033	Common Stock	4,084	83.84	D
Employee Stock Option (right to buy)	02/25/2023(2)	02/24/2032	Common Stock	3,375	120.8	D
Employee Stock Option (right to buy)	02/26/2022(3)	02/25/2031	Common Stock	4,475	109.26	D
Employee Stock Option (right to buy)	02/28/2021	02/27/2030	Common Stock	1,935	61.51	D
Employee Stock Option (right to buy)	10/15/2020	10/15/2029	Common Stock	3,430	72.92	D
Employee Stock Option (right to buy)	02/28/2020	02/27/2029	Common Stock	2,301	82.69	D
Restricted Stock Units	12/01/2024(4)	12/01/2024	Common Stock	4,869	(4)	D

Explanation of Responses:

1. One-third of option becomes exercisable on each of February 24, 2024, February 24, 2025, and February 24, 2026.

2. One-third of option became exercisable on February 25, 2023 and one-third becomes exercisable on each February 25, 2024, and February 25, 2025.

3. Remaining Option becomes exercisable on February 26, 2024.

4. Restricted Stock Unit represents a contingent right to receive one share of issuer common stock subject to continued employment.

Remarks:

EXHIBIT LIST: EX-24 Power of Attorney (Holt - 5/12/23)

	/s/ Mark D. Austin, by Power of Attorney for Adrian James Holt	05/12/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.