---
schema_version: "secwatch.filing_event.v1"
accession: "0000915389-21-000080"
form_type: "8-K"
ticker: "EMN"
cik: "0000915389"
company_name: "EASTMAN CHEMICAL CO"
filed_at: "2021-12-07T23:59:59+00:00"
generated_at: "2026-06-28T03:21:52.130330+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Eastman Chemical sets 2022 UPP metrics and NEO target variable pay percentages

## Summary
- 2022 Unit Performance Plan measures: 75% adjusted EBIT, 25% free cash flow.
- CEO Mark J. Costa target variable pay set at 150% of base salary; CFO William T. McLain Jr. at 100%.
- Other NEO targets: Lucian Boldea 100%, Brad A. Lich 100%, Kellye L. Walker 85%.
- Payout pool based on 2022 business plan targets; final pool approved in early 2023.

## SEC filing metadata
- accession: 0000915389-21-000080
- form_type: 8-K
- ticker: EMN
- cik: 0000915389
- company_name: EASTMAN CHEMICAL CO
- filed_at: 2021-12-07T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/915389/000091538921000080/0000915389-21-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915389/000091538921000080/emn-20211201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000915389-21-000080
- JSON: https://secwatch.observer/filing/0000915389-21-000080.json
- Plain text: https://secwatch.observer/filing/0000915389-21-000080.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.