SEC Form 4 · accession 0000891839-17-000133
EASTMAN KODAK CO · KODK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Joseph Payne
Officer — Vice President
Period of report
Sep 14, 2017
Accepted (ET)
Sep 18, 2017 · 4:45 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 $.01 | holding | — | — | — | 16 | 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 | $12.50 | Sep 14, 2017 | A | 152,285 | A | — | Sep 13, 2024 | Common Stock, par value $.01 | 152,285 | 152,285 | D |
| Restricted Stock UnitsF1 | $0.00 | holding | — | — | — | — | Nov 15, 2019 | Common Stock, par value $.01 | 5,757 | 5,757 | D |
| Stock Option (Right to Buy)F2 | $15.20 | holding | — | — | — | — | Nov 14, 2023 | Common Stock, par value $.01 | 14,345 | 14,345 | D |
| 125% Warrants to purchase Common Stock, par value $.01F4 | $14.93 | holding | — | — | — | Sep 3, 2013 | Sep 3, 2018 | Common Stock, par value $.01 | 5 | 5 | D |
| 135% Warrants to purchase Common Stock, par value $.01F4 | $16.12 | holding | — | — | — | Sep 3, 2013 | Sep 3, 2018 | Common Stock, par value $.01 | 5 | 5 | 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 11/15/2016 grant date.
- F2This option vests one-third on each of the first three anniversaries of the 11/15/2016 grant date.
- F3This 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 9/14/2017 grant date.
- F4Each 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.