Philippe D. Katz - May 16, 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
Stock symbol
KODK
Transactions as of
May 16, 2023
Transactions value $
$0
Form type
4
Date filed
5/18/2023, 05:50 PM
Previous filing
Mar 23, 2023
Next filing
May 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KODK Common Stock, par value $.01 152K May 16, 2023 Direct
holding KODK Common Stock, par value $.01 2.52M May 16, 2023 Owned by KF Investors LLC F1
holding KODK Common Stock, par value $.01 1.57M May 16, 2023 Owned by Momar Corporation F2
holding KODK Common Stock, par value $.01 7.6K May 16, 2023 Owned by United Equities Commodities Company F3
holding KODK Common Stock, par value $.01 87.7K May 16, 2023 Owned by Marneu Holding Company F4
holding KODK Common Stock, par value $.01 48.9K May 16, 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 -22.1K -100% $0.00* 0 May 16, 2023 Common Stock, par value $.01 22.1K $0.00 Direct F6
transaction KODK Phantom Stock Award $0 +22.1K +36.48% $0.00 82.6K May 16, 2023 Common Stock, par value $.01 22.1K $0.00 Direct F7
transaction KODK Restricted Stock Units Award $0 +23.4K $0.00 23.4K May 17, 2023 Common Stock, par value $.01 23.4K $0.00 Direct F8
holding KODK Stock Option (Right to Buy) 25.3K May 16, 2023 Common Stock, par value $.01 25.3K $3.03 Direct F9
holding KODK Stock Option (Right to Buy) 7.7K May 16, 2023 Common Stock, par value $.01 7.7K $4.53 Direct F9
holding KODK Stock Option (Right to Buy) 7.7K May 16, 2023 Common Stock, par value $.01 7.7K $6.03 Direct F9
holding KODK Stock Option (Right to Buy) 4.4K May 16, 2023 Common Stock, par value $.01 4.4K $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.