SEC Form 4 · accession 0000891839-16-000285

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

Nov 28, 2016

Accepted (ET)

Nov 30, 2016 · 5:05 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 Stock, par value $.01	Nov 28, 2016	S	6,500	$14.98	D	1,151	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 Units^F1	$0.00	holding	—	—	—	—	Sep 3, 2017	Common Stock, par value $.01	2,034	2,034	D
Restricted Stock Units^F2	$0.00	holding	—	—	—	—	Sep 3, 2018	Common Stock, par value $.01	7,026	7,026	D
Restricted Stock Units^F3	$0.00	holding	—	—	—	—	Sep 3, 2019	Common Stock, par value $.01	11,233	11,233	D
Restricted Stock Units^F4	$0.00	holding	—	—	—	—	Sep 3, 2020	Common Stock, par value $.01	16,448	16,448	D
Stock Option (Right to Buy)^F5	$23.78	holding	—	—	—	—	Sep 2, 2021	Common Stock, par value $.01	18,378	18,378	D
Stock Option (Right to Buy)^F6	$13.76	holding	—	—	—	—	Sep 2, 2022	Common Stock, par value $.01	25,218	25,218	D
Stock Option (Right to Buy)^F7	$15.58	holding	—	—	—	—	Sep 2, 2023	Common Stock, par value $.01	29,712	29,712	D
Stock Option (Right to Buy)^F8	$15.20	holding	—	—	—	—	Nov 14, 2023	Common Stock, par value $.01	0	0	D
125% Warrants to purchase Common Stock, par value $.01^F9	$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 $.01^F9	$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, vest one-third on each of the first three anniversaries of the 9/3/14 grant date.
F2These 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.
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 9/3/16 grant date.
F4These restricted stock units, which convert into common stock on a one-for-one basis, vest one-third on 9/3/18 and one-third on each of the first two anniversaries of such date.
F5This option vests one-third on each of the first three anniversaries of the 9/3/14 grant date.
F6This option vests one-third on each of the first three anniversaries of the 9/3/15 grant date.
F7This option vests one-third on each of the first three anniversaries of the 9/3/16 grant date.
F8This option vests one-third on 9/3/18 and one-third on each of the first two anniversaries of such date. The number of shares underlying the option has not yet been determined, but will be based on $250,000 divided by the Black-Scholes valuation of the option on the 11/15/16 grant date. Once the number is determined, Mr. O'Grady will file an amendment to his 11/15/16 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.