SEC Form 4 · accession 0000891839-16-000287

EASTMAN KODAK CO · KODK

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Sharon E. Underberg

Officer — General Counsel, Sec., SVP

Period of report

May 18, 2015

Accepted (ET)

Dec 16, 2016 · 5:38 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^F1	May 18, 2015	G	300	$0.00	A	300	I	By Spouse
Common Stock, par value $.01^F1	Apr 4, 2016	G	150	$0.00	D	150	I	By Spouse
Common Stock, par value $.01^F2	Dec 15, 2016	M	3,292	$0.00	A	7,015	D
Common Stock, par value $.01^F3	Dec 15, 2016	F	1,218	$16.35	D	5,797	D
Common Stock, par value $.01^F4	Dec 15, 2016	M	5,278	$0.00	A	11,075	D
Common Stock, par value $.01^F3	Dec 15, 2016	F	1,952	$16.35	D	9,123	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^F2	$0.00	Dec 15, 2016	M	3,292	D	—	Dec 15, 2017	Common Stock, par value $.01	3,292	3,293	D
Restricted Stock Units^F4	$0.00	Dec 15, 2016	M	5,278	D	—	Dec 15, 2018	Common Stock, par value	5,278	10,558	D
Restricted Stock Units^F5	$0.00	Dec 15, 2016	A	15,291	A	—	Dec 15, 2019	Common Stock, par value	15,291	15,291	D
Stock Option (Right to Buy)^F8	$16.35	Dec 15, 2016	A	0	A	—	Dec 14, 2023	Common Stock, par value $.01	0	0	D
Stock Option (Right to Buy)^F6	$20.25	holding	—	—	—	—	Dec 14, 2021	Common Stock, par value $.01	27,286	27,286	D
Stock Option (Right to Buy)^F7	$12.63	holding	—	—	—	—	Dec 14, 2022	Common Stock, par value $.01	39,604	39,604	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	314	314	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	314	314	D

Explanation of responses

F1These shares were purchased by Ms. Underberg's father-in-law and held in a joint account with Ms. Underberg's husband. Following her father-in-law's death, the shares were transferred into an individual account in her husband's name.
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 12/15/14 grant date.
F3Shares withheld to cover tax withholding obligations upon the vesting of restricted stock units.
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 12/15/15 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 12/15/14 grant date.
F7This option vests one-third on each of the first three anniversaries of the 12/15/15 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 $250,000 divided by the Black-Scholes valuation of the option on the grant date. Once the number is determined, Ms. Underberg 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.