secwatch.observer — SEC 8-K summary
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Issuer:     EASTMAN CHEMICAL CO (EMN)
CIK:        0000915389
Form:       8-K
Filed at:   2021-12-07T23:59:59+00:00
Accession:  0000915389-21-000080
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/915389/000091538921000080/0000915389-21-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/915389/000091538921000080/emn-20211201.htm
  HTML page:      https://secwatch.observer/filing/0000915389-21-000080

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer