Terry R. Taber - 17 May 2024 Form 4 Insider Report for EASTMAN KODAK CO (KODK)

Role
Vice President
Signature
/s/ Roger W. Byrd, Attorney-in-Fact for Terry R. Taber
Issuer symbol
KODK
Transactions as of
17 May 2024
Net transactions value
-$29,865
Form type
4
Filing time
21 May 2024, 16:35:44 UTC
Previous filing
19 May 2023
Next filing
20 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KODK Common Stock, par value $.01 Options Exercise $0 +16,666 +31% $0.000000 71,113 17 May 2024 Direct F1
transaction KODK Common Stock, par value $.01 Tax liability $29,865 -5,997 -8.4% $4.98 65,116 17 May 2024 Direct F2

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 Options Exercise $0 -16,666 -33% $0.000000 33,334 17 May 2024 Common Stock, par value $.01 16,666 $0.000000 Direct F1, F3
holding KODK Performance Stock Units 50,000 17 May 2024 Common Stock, par value $.01 50,000 $0.000000 Direct F4
holding KODK Stock Option (Right to Buy) 36,927 17 May 2024 Common Stock, par value $.01 36,927 $15.58 Direct F5
holding KODK Stock Option (Right to Buy) 182,742 17 May 2024 Common Stock, par value $.01 182,742 $12.50 Direct F5
holding KODK Stock Option (Right to Buy) 37,038 17 May 2024 Common Stock, par value $.01 37,038 $3.90 Direct F5
* 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 Shares withheld to cover tax withholding obligations on the vesting of restricted stock units.
F3 One-third of the original grant of these restricted stock units vested on 5/17/2024, and except as otherwise provided in the award notice, the balance vests in substantially equal installments on each of 5/17/2025 and 5/17/2026.
F4 These performance 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, will vest on 5/17/2026 if the volume-weighted average price per share of common stock within the 20 trading day period before the vesting date exceeds a specified price.
F5 This option is fully vested as of the date of this report.