SEC Form 4 · accession 0000891839-17-000143
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
Nov 15, 2017
Accepted (ET)
Nov 17, 2017 · 4:15 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 $.01F1 | Nov 15, 2017 | M | 1,918 | $0.00 | A | 1,934 | D | |
| Common Stock, par value $.01F2 | Nov 15, 2017 | F | 710 | $3.40 | D | 1,224 | 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 UnitsF3 | $0.00 | Nov 15, 2017 | M | 1,918 | D | — | Nov 15, 2019 | Common Stock, par value $.01 | 1,918 | 3,839 | D |
| Stock Option (Right to Buy)F4 | $15.20 | holding | — | — | — | — | Nov 14, 2023 | Common Stock, par value $.01 | 14,345 | 14,345 | D |
| Stock Option (Right to Buy)F5 | $12.50 | holding | — | — | — | — | Sep 13, 2024 | Common Stock, par value $.01 | 152,285 | 152,285 | D |
| 125% Warrants to purchase Common Stock, par value $.01F6 | $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 $.01F6 | $16.12 | holding | — | — | — | Sep 3, 2013 | Sep 3, 2018 | Common Stock, par value $.01 | 5 | 5 | 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 on 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 11/15/2016 grant date.
- F4This option vests one-third on each of the first three anniversaries of the 11/15/2016 grant date.
- F5This option vests one-third on each of the first three anniversaries of the 9/14/2017 grant date.
- F6Each 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.