William G. Parrett - 18 May 2021 Form 4 Insider Report for EASTMAN KODAK CO (KODK)

Reporting relationship: Director
Issuer ticker: KODK
Reported as of: 18 May 2021
Net transaction value: $0
SEC form: 4
Accepted by SEC: 20 May 2021, 19:17:52 UTC
Prior SEC filing: 02 Jun 2021
Next SEC filing: 14 Sep 2021
Source filing: View source filing
Reporting owner signature: /s/ Roger W. Byrd, Attorney-in-fact for William G. Parrett

Key filing fact

William G. Parrett filed Form 4 for EASTMAN KODAK CO (KODK) on 20 May 2021.

Key facts

This page summarizes William G. Parrett's Form 4 filing for EASTMAN KODAK CO (KODK).
4 reported transactions and 7 derivative rows are listed below.
Accepted by SEC: 20 May 2021, 19:17.

Change

Previous filing in this sequence was filed on 02 Jun 2021.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KODK transaction

Common Stock, par value $.01

Options Exercise

Transaction value: $0
Shares: +4,128
Change %: +14%
Price: $0.000000
Shares after: 32,817
Date: 18 May 2021
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KODK transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -4,128
Change %: -52%
Price: $0.000000
Shares after: 3,781
Date: 18 May 2021
Ownership: Direct
Underlying class: Common Stock, par value $.01
Underlying amount: 4,128
Exercise price: $0.000000
Footnotes: F1

KODK transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -3,781
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 18 May 2021
Ownership: Direct
Underlying class: Common Stock, par value $.01
Underlying amount: 3,781
Exercise price: $0.000000
Footnotes: F1, F2

KODK transaction Derivative

Phantom Stock

Award

Transaction value: $0
Shares: +3,781
Change %: +2.2%
Price: $0.000000
Shares after: 175,846
Date: 18 May 2021
Ownership: Direct
Underlying class: Common Stock, par value $.01
Underlying amount: 3,781
Exercise price: $0.000000
Footnotes: F3

KODK holding Derivative

Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 25,297
Date: 18 May 2021
Ownership: Direct
Underlying class: Common Stock, par value $.01
Underlying amount: 25,297
Exercise price: $3.03
Footnotes: F4

KODK holding Derivative

Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 7,699
Date: 18 May 2021
Ownership: Direct
Underlying class: Common Stock, par value $.01
Underlying amount: 7,699
Exercise price: $4.53
Footnotes: F4

KODK holding Derivative

Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 7,699
Date: 18 May 2021
Ownership: Direct
Underlying class: Common Stock, par value $.01
Underlying amount: 7,699
Exercise price: $6.03
Footnotes: F4

KODK holding Derivative

Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 4,400
Date: 18 May 2021
Ownership: Direct
Underlying class: Common Stock, par value $.01
Underlying amount: 4,400
Exercise price: $12.00
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

William G. Parrett is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

These restricted stock units convert into common stock on a one-for-one basis.

Footnote F2

Upon vesting on 5/18/2021, Mr. Parrett deferred the receipt of 3,781 shares of common stock and received instead 3,781 shares of phantom stock pursuant to the terms of the Eastman Kodak Company Deferred Compensation Plan for Directors (the "Plan"). As a result, Mr. Parrett is reporting the disposition of 3,781 shares of common stock in exchange for an equal number of shares of phantom stock under the Plan.

Footnote F3

Each share of phantom stock represents a right to receive one share of common stock and becomes payable at the election of Mr. Parrett 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.

Footnote F4

This option has fully vested as of the date of this report.