SEC Form 4 · accession 0000891839-16-000187
EASTMAN KODAK CO · KODK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John G. O'Grady
Officer — GM, WW Sales, Vice President
Period of report
Apr 1, 2016
Accepted (ET)
Apr 5, 2016 · 9:02 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 | Apr 1, 2016 | M | 2,600 | $0.00 | A | 7,007 | D | |
| Common Stock, par value $.01F2 | Apr 1, 2016 | F | 1,005 | $10.84 | D | 6,002 | 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 UnitsF1 | $0.00 | Apr 1, 2016 | A | 2,600 | A | Apr 1, 2016 | Apr 1, 2016 | Common Stock, par value $.01 | 2,600 | 2,600 | D |
| Restricted Stock UnitsF1 | $0.00 | Apr 1, 2016 | M | 2,600 | D | Apr 1, 2016 | Apr 1, 2016 | Common Stock, par value $.01 | 2,600 | 0 | D |
| Restricted Stock UnitsF3 | $0.00 | holding | — | — | — | Sep 3, 2016 | Sep 3, 2016 | Common Stock, par value $.01 | 4,434 | 4,434 | D |
| Restricted Stock UnitsF4 | $0.00 | holding | — | — | — | — | Sep 3, 2017 | Common Stock, par value $.01 | 4,066 | 4,066 | D |
| Restricted Stock UnitsF5 | $0.00 | holding | — | — | — | — | Sep 3, 2018 | Common Stock, par value | 10,538 | 10,538 | D |
| Stock Option (Right to Buy)F6 | $23.78 | holding | — | — | — | — | Sep 2, 2021 | Common Stock, par value $.01 | 18,378 | 18,378 | D |
| Stock Option (Right to Buy)F7 | $13.76 | holding | — | — | — | — | Sep 2, 2022 | Common Stock, par value $.01 | 25,218 | 25,218 | D |
| 125% Warrants to purchase Common Stock, par value $.01F8 | $14.93 | holding | — | — | — | Sep 3, 2013 | Sep 3, 2018 | Common Stock, par value $.01 | 169 | 169 | D |
| 135% Warrants to purchase Common Stock, par value $.01F8 | $16.12 | holding | — | — | — | Sep 3, 2013 | Sep 3, 2018 | Common Stock, par value $.01 | 169 | 169 | D |
Explanation of responses
- F1These 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 vest immediately.
- F2Shares withheld to cover tax withholding obligations upon the vesting of restricted stock units.
- F3These restricted stock units convert into common stock on a one-for-one basis.
- F4These 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 9/3/14 grant date.
- F5These 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 9/3/15 grant date.
- F6This option vests one-third on each of the first three anniversaries of the 9/3/14 grant date.
- F7This option vests one-third on each of the first three anniversaries of the 9/3/15 grant date.
- F8Each of these Warrants entitles the holder to purchase one share of common stock; however for each Warrant exercised, the holder will receive a net share amount equal to the number of shares issuable upon the exercise multiplied by the closing sale price of the common stock on the exercise date minus the exercise price, divided by the closing sale price, together with cash for any fractional shares.