SEC Form 4 · accession 0000891839-17-000069
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
May 17, 2017
Accepted (ET)
May 18, 2017 · 4:51 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 | May 17, 2017 | P | 3,000 | $9.38 | A | 106,179 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $27.20 | holding | — | — | — | — | Mar 11, 2021 | Common Stock, par value $.01 | 114,943 | 114,943 | D |
| Stock Option (Right to Buy)F4 | $18.46 | holding | — | — | — | — | Mar 11, 2022 | Common Stock, par value $.01 | 152,207 | 152,207 | D |
| Stock Option (Right to Buy)F5 | $10.19 | holding | — | — | — | — | Mar 11, 2023 | Common Stock, par value $.01 | 229,358 | 229,358 | D |
| Stock Option (Right to Buy)F2 | $15.00 | holding | — | — | — | — | Mar 11, 2024 | Common Stock, par value $.01 | 277,778 | 277,778 | D |
Explanation of responses
- F1The price reported is a weighted average purchase price. Mr. Clarke purchased these shares in multiple transcations at prices ranging from $9.38 to $9.40 per share, inclusive. Mr. Clarke undertakes to provide to Eastman Kodak Company (the "Company"), any security holder of the 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 range set forth above.
- F2Except as otherwise provided in the award notice or in Mr. Clarke's employment agreement, this option vests one-third on each of March 12, 2018, March 12, 2019 and March 12, 2020.
- 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 3/12/2014 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 3/12/2015 grant date.
- F5Except 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 3/12/2016 grant date.