James V. Continenza - Dec 9, 2023 Form 4 Insider Report for EASTMAN KODAK CO (KODK)

Role
Executive Chairman and CEO, Director
Signature
/s/ Roger W. Byrd, Attorney-in-Fact for James V. Continenza
Stock symbol
KODK
Transactions as of
Dec 9, 2023
Transactions value $
$0
Form type
4
Date filed
12/12/2023, 04:33 PM
Previous filing
Dec 1, 2023
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KODK Common Stock, par value $.01 1.06M Dec 9, 2023 Direct

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 Stock Option (Right to Buy) Disposed to Issuer -982K -100% 0 Dec 9, 2023 Common Stock, par value $.01 982K $3.03 Direct F7
transaction KODK Stock Option (Right to Buy) Award +982K 982K Dec 9, 2023 Common Stock, par value $.01 982K $3.03 Direct F7
transaction KODK Stock Option (Right to Buy) Disposed to Issuer -1.15M -100% 0 Dec 9, 2023 Common Stock, par value $.01 1.15M $3.03 Direct F9
transaction KODK Stock Option (Right to Buy) Award +1.15M 1.15M Dec 9, 2023 Common Stock, par value $.01 1.15M $3.03 Direct F9
holding KODK Restricted Stock Units 589K Dec 9, 2023 Common Stock, par value $.01 589K $0.00 Direct F1, F2
holding KODK Restricted Stock Units 100K Dec 9, 2023 Common Stock, par value $.01 100K $0.00 Direct F1, F3
holding KODK Restricted Stock Units 200K Dec 9, 2023 Common stock, par value $.01 200K $0.00 Direct F1, F4
holding KODK Restricted Stock Units 300K Dec 9, 2023 Common stock, par value $.01 300K $0.00 Direct F1, F5
holding KODK Phantom Stock 242K Dec 9, 2023 Common Stock, par value $.01 242K $0.00 Direct F6
holding KODK Stock Option (Right to Buy) 299K Dec 9, 2023 Common Stock, par value $.01 299K $4.53 Direct F8
holding KODK Stock Option (Right to Buy) 299K Dec 9, 2023 Common Stock, par value $.01 299K $6.03 Direct F8
holding KODK Stock Option (Right to Buy) 171K Dec 9, 2023 Common Stock, par value $.01 171K $12.00 Direct F8
holding KODK Stock Option (Right to Buy) 350K Dec 9, 2023 Common Stock, par value $.01 350K $4.53 Direct F8
holding KODK Stock Option (Right to Buy) 350K Dec 9, 2023 Common Stock, par value $.01 350K $6.03 Direct F8
holding KODK Stock Option (Right to Buy) 200K Dec 9, 2023 Common Stock, par value $.01 200K $12.00 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units convert into common stock on a one-for-one basis.
F2 These restricted stock units will vest in substantially equal installments on each of 11/29/2024, 11/29/2025 and 11/29/2026, except as otherwise provided in the award notice.
F3 These restricted stock units will vest on 2/26/2024, except as otherwise provided in the award notice.
F4 These restricted stock units will vest in substantially equal installments on each of 2/26/2024 and 2/26/2025, except as otherwise provided in the award notice.
F5 These restricted stock units will vest in substantially equal installments on each of 2/26/2024, 2/26/2025 and 2/26/2026, except as otherwise provided in the award notice.
F6 Each share of phantom stock represents a right to receive one share of common stock and becomes payable at the election of Mr. Continenza 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.
F7 The reported transaction involved the reversal, to avoid adverse tax consequences, of a previously reported amendment of an outstanding option to extend the expiration date thereof by three years. The reported transaction reinstates the original expiration date, resulting in the deemed cancellation of the "old" option for Section 16 purposes and the grant of a replacement option for Section 16 purposes. The option was originally granted on July 27, 2020 and is fully vested.
F8 This option is fully vested as of the date of this report.
F9 The reported transaction involved the reversal, to avoid adverse tax consequences, of a previously reported amendment of an outstanding option to extend the expiration date thereof by three years. The reported transaction reinstates the original expiration date, resulting in the deemed cancellation of the "old" option for Section 16 purposes and the grant of a replacement option for Section 16 purposes. The option was originally granted on February 20, 2019 and is fully vested.