SEC Form 4 · accession 0000891839-15-000110
EASTMAN KODAK CO · KODK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Philip Cullimore
Officer — Senior Vice President
Period of report
Sep 3, 2015
Accepted (ET)
Sep 8, 2015 · 6:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000031235
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01F1 | Sep 3, 2015 | M | 5,823 | $0.00 | A | 11,646 | D | |
| Common Stock, par value $.01F1 | Sep 3, 2015 | M | 1,401 | $0.00 | A | 13,047 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | Sep 3, 2015 | M | 5,823 | D | — | Sep 3, 2016 | Common Stock, par value $.01 | 5,823 | 5,825 | D |
| Restricted Stock UnitsF3 | $0.00 | Sep 3, 2015 | M | 1,401 | D | — | Sep 3, 2017 | Common Stock, par value $.01 | 1,401 | 2,805 | D |
| Restricted Stock UnitsF4 | $0.00 | Sep 3, 2015 | A | 7,268 | A | — | Sep 3, 2018 | Common Stock, par value $.01 | 7,268 | 7,268 | D |
| Stock Option (Right to Buy)F6 | $13.76 | Sep 3, 2015 | A | 0 | A | — | Sep 2, 2022 | Common Stock, par value $.01 | 0 | 0 | D |
| Stock Option (Right to Buy)F5 | $23.78 | holding | — | — | — | — | Sep 2, 2021 | Common Stock, par value $.01 | 12,675 | 12,675 | D |
Explanation of responses
- F1These restricted stock units convert into common stock on a one-for-basis.
- F2These restricted stock units, which convert into common stock on a one-to-one basis, vest one-third on each of the first three anniversaries of the 9/3/13 grant date.
- F3These restricted stock units, which convert into common stock on a one-to-one basis, vest one-third on each of the first three anniversaries of the 9/3/14 grant date.
- F4These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the Company's 2013 Omnibus Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest one-third on each of the first three anniversaries of the grant date, subject to continued vesting in the event of termination without cause or for good reason.
- F5Except as otherwise provided in the award notice, this option vests one-third on each of the first three anniversaries of the 9/3/14 grant date, subject to continued vesting in the event of termination without cause or for good reason.
- F6This option was granted under the Company's 2013 Omnibus Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vests one-third on each of the first three anniversaries of the grant date, subject to continued vesting in the event of termination without cause or for good reason. The number of shares underlying the option cannot be determined at this time, but will be based on $100,000 divided by the Black-Scholes valuation of the option on the grant date. Once the number is determined, Mr. Cullimore will file an amendment to this report.