GO EK Ventures IV, LLC - 01 Jul 2023 Form 4 Insider Report for EASTMAN KODAK CO (KODK)

Role
10%+ Owner
Signature
B. Thomas Golisano
Issuer symbol
KODK
Transactions as of
01 Jul 2023
Net transactions value
$0
Form type
4
Filing time
05 Jul 2023, 10:54:13 UTC
Previous filing
04 Apr 2023
Next filing
03 Oct 2023

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 5.00% Cumulative Series C Convertible Preferred Stock Other $0 +13,881 +1.2% $0.000000 1,124,388 01 Jul 2023 Common Stock 138,810 $10.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The initial conversion price is subject to customary anti-dilution adjustments and to proportional increase in the event the liquidation preference of the Series C Convertible Preferred Stock is increased.
F2 The reporting person received 13,881 shares of 5.00% Cumulative Series C Convertible Preferred Stock as a payment-in-kind dividend on aggregate shares of Series C Preferred Stock owned at the close of business on the record date of July 1, 2023, and payable on July 15, 2023.
F3 The 5.00% Cumulative Series C Convertible Preferred Stock is convertible into Common Stock at any time on a ten-for-one basis and has no expiration date.