Philippe D. Katz - 16 May 2023 Form 4 Insider Report for EASTMAN KODAK CO (KODK)

Role
Director, 10%+ Owner
Signature
/s/ Roger W. Byrd, Attorney-in-Fact for Philippe D. Katz
Issuer symbol
KODK
Transactions as of
16 May 2023
Net transactions value
$0
Form type
4
Filing time
18 May 2023, 17:50:38 UTC
Previous filing
23 Mar 2023
Next filing
23 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KODK Common Stock, par value $.01 152,496 16 May 2023 Direct
holding KODK Common Stock, par value $.01 2,522,011 16 May 2023 Owned by KF Investors LLC F1
holding KODK Common Stock, par value $.01 1,569,870 16 May 2023 Owned by Momar Corporation F2
holding KODK Common Stock, par value $.01 7,598 16 May 2023 Owned by United Equities Commodities Company F3
holding KODK Common Stock, par value $.01 87,720 16 May 2023 Owned by Marneu Holding Company F4
holding KODK Common Stock, par value $.01 48,875 16 May 2023 Owned by 111 John Realty Corp. F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KODK Restricted Stock Units Disposed to Issuer $0 -22,075 -100% $0.000000* 0 16 May 2023 Common Stock, par value $.01 22,075 $0.000000 Direct F6
transaction KODK Phantom Stock Award $0 +22,075 +36% $0.000000 82,585 16 May 2023 Common Stock, par value $.01 22,075 $0.000000 Direct F7
transaction KODK Restricted Stock Units Award $0 +23,365 $0.000000 23,365 17 May 2023 Common Stock, par value $.01 23,365 $0.000000 Direct F8
holding KODK Stock Option (Right to Buy) 25,297 16 May 2023 Common Stock, par value $.01 25,297 $3.03 Direct F9
holding KODK Stock Option (Right to Buy) 7,699 16 May 2023 Common Stock, par value $.01 7,699 $4.53 Direct F9
holding KODK Stock Option (Right to Buy) 7,699 16 May 2023 Common Stock, par value $.01 7,699 $6.03 Direct F9
holding KODK Stock Option (Right to Buy) 4,400 16 May 2023 Common Stock, par value $.01 4,400 $12.00 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Katz disclaims beneficial ownership of the securities held by KF Investors LLC, an entity of which Mr. Katz is a managing member, except to the extent of his pecuniary interest therein.
F2 Mr. Katz disclaims beneficial ownership of the securities held by Momar Corporation, an entity in which Mr. Katz has an ownership interest, except to the extent of his pecuniary interest therein.
F3 Mr. Katz disclaims beneficial ownership of the securities held by United Equities Commodities Company, an entity of which Mr. Katz is a general partner, except to the extent of his pecuniary interest therein.
F4 Mr. Katz disclaims beneficial ownership of the securities held by Marneu Holding Company, an entity of which Mr. Katz is a partner, except to the extent of his pecuniary interest therein.
F5 Mr. Katz disclaims beneficial ownership of the securities held by 111 John Realty Corp., an entity in which Mr. Katz has an ownership interest, except to the extent of his pecuniary interest therein.
F6 These restricted stock units convert into common stock on a one-for-one basis. Upon vesting on 5/16/2023, Mr. Katz deferred the receipt of 22,075 shares of common stock and received instead 22,075 shares of phantom stock pursuant to the terms of the Eastman Kodak Company Deferred Compensation Plan for Directors (the "Plan"). As a result, Mr. Katz is reporting the disposition of 22,075 shares of common stock in exchange for an equal number of shares of phantom stock under the Plan.
F7 Each share of phantom stock represents a right to receive one share of common stock and becomes payable at the election of Mr. Katz in the year following the year of his separation from service as a director in either a single lump sum payment or in a maximum of ten annual installments.
F8 These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the Company's 2013 Omnibus Incentive Plan, as amended, in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on the day immediately preceding the Company's 2024 annual meeting of shareholders.
F9 This option has fully vested as of the date of this report.