SEC Form 4 · accession 0000891839-15-000129
EASTMAN KODAK CO · KODK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff Clarke
Officer — Chief Executive Officer · Director
Period of report
Nov 5, 2015
Accepted (ET)
Nov 9, 2015 · 4:16 pm EST
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 StockF1 | Nov 5, 2015 | P | 10,000 | $13.93 | A | 49,356 | 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 | holding | — | — | — | — | Mar 12, 2017 | Common Stock, par value $.01 | 73,531 | 73,531 | D |
| Stock Option (Right to Buy)F3 | $27.20 | holding | — | — | — | — | Mar 11, 2021 | Common Stock, par value $.01 | 114,943 | 144,943 | D |
| Stock Option (Right to Buy)F4 | $18.46 | holding | — | — | — | — | Mar 11, 2022 | Common Stock, par value $.01 | 152,207 | 152,207 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.79 to $14.00, inclusive. Mr. Clarke undertakes to provide to Eastman Kodak Company, any security holder of Eastman Kodak Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (1).
- F2Except as otherwise provided in the award notice or in Mr. Clarke's employment agreement, these restricted stock units, which convert into common stock on a one-for-one basis, vest one-third on each of the first three anniversaries of the 3/12/14 grant date.
- F3Except as otherwise provided in the award notice or in Mr. Clarke's employment agreement, this option vests one-third on each of the first three anniversaries of the 3/12/14 grant date.
- F4Except as otherwise provided in the award notice or in Mr. Clarke's employment agreement, this option vests one-third on each of the first three anniversaries of the 3/12/15 grant date.