SEC Form 4 · accession 0000891839-16-000259
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
Terry R Taber
Officer — Senior Vice President
Period of report
Sep 3, 2016
Accepted (ET)
Sep 7, 2016 · 7:49 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, 2016 | M | 5,795 | $0.00 | A | 18,590 | D | |
| Common Stock, par value $.01F2 | Sep 3, 2016 | F | 2,143 | $15.58 | D | 16,447 | D | |
| Common Stock, par value $.01F3 | Sep 3, 2016 | M | 3,048 | $0.00 | A | 19,495 | D | |
| Common Stock, par value $.01F2 | Sep 3, 2016 | F | 1,127 | $15.58 | D | 18,368 | D | |
| Common Stock, par value $.01F4 | Sep 3, 2016 | M | 5,268 | $0.00 | A | 23,636 | D | |
| Common Stock, par value $.01F2 | Sep 3, 2016 | F | 1,948 | $15.58 | D | 21,688 | 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 | Sep 3, 2016 | M | 5,795 | D | Sep 3, 2016 | Sep 3, 2016 | Common Stock, par value $.01 | 5,795 | 0 | D |
| Restricted Stock UnitsF3 | $0.00 | Sep 3, 2016 | M | 3,048 | D | — | Sep 3, 2017 | Common Stock, par value $.01 | 3,048 | 3,051 | D |
| Restricted Stock UnitsF4 | $0.00 | Sep 3, 2016 | M | 5,268 | D | — | Sep 3, 2018 | Common Stock, par value $.01 | 5,268 | 10,539 | D |
| Restricted Stock UnitsF5 | $0.00 | Sep 3, 2016 | A | 13,961 | A | — | Sep 3, 2019 | Common Stock, par value $.01 | 13,961 | 13,961 | D |
| Stock Option (Right to Buy)F8 | $15.58 | Sep 3, 2016 | A | 0 | A | — | Sep 2, 2023 | Common Stock, par value $.01 | 0 | 0 | D |
| Stock Option (Right to Buy)F6 | $23.78 | holding | — | — | — | — | Sep 2, 2021 | Common Stock, par value $.01 | 27,567 | 27,567 | D |
| Stock Option (Right to Buy)F7 | $13.76 | holding | — | — | — | — | Sep 2, 2022 | Common Stock, par value $.01 | 37,827 | 37,827 | D |
| 125% Warrants to purchase Common Stock, par value $.01F9 | $14.93 | holding | — | — | — | Sep 3, 2013 | Sep 3, 2018 | Common Stock, par value $.01 | 611 | 611 | D |
| 135% Warrants to purchase Common Stock, par value $.01F9 | $16.12 | holding | — | — | — | Sep 3, 2013 | Sep 3, 2018 | Common Stock, par value $.01 | 611 | 611 | D |
Explanation of responses
- F1These restricted stock units convert into common stock on a one-for-one basis.
- F2Shares withheld to cover tax withholding obligations upon the vesting of restricted stock units.
- F3These 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.
- 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 9/3/15 grant date.
- F5These 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 one-third on each of the first three anniversaries of the 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.
- F8This option was granted under the Company's 2013 Omnibus Incentive Plan in a transaction exempt under Rule 16b-3 and vests one-third on each of the first three anniversaries of the grant date. The number of shares underlying the option cannot be determined at this time, but will be based on $217,500 divided by the Black-Scholes valuation of the option on the grant date. Once the number is determined, Mr. Taber will file an amendment to this report.
- F9Each 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.