JAMES V. CONTINENZA - 16 Feb 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
Issuer symbol
KODK
Transactions as of
16 Feb 2023
Transactions value $
$0
Form type
4
Filing time
21 Feb 2023, 15:44:37 UTC
Previous filing
24 Mar 2022
Next filing
28 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KODK Common Stock, par value $.01 864,369 16 Feb 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 -981,707 -100% 0 16 Feb 2023 Common Stock, par value $.01 981,707 $3.03 Direct F4
transaction KODK Stock Option (Right to Buy) Award +981,707 981,707 16 Feb 2023 Common Stock, par value $.01 981,707 $3.03 Direct F4
transaction KODK Stock Option (Right to Buy) Disposed to Issuer -298,780 -100% 0 16 Feb 2023 Common Stock, par value $.01 298,780 $4.53 Direct F4
transaction KODK Stock Option (Right to Buy) Award +298,780 298,780 16 Feb 2023 Common Stock, par value $.01 298,780 $4.53 Direct F4
transaction KODK Stock Option (Right to Buy) Disposed to Issuer -298,780 -100% 0 16 Feb 2023 Common Stock, par value $.01 298,780 $6.03 Direct F4
transaction KODK Stock Option (Right to Buy) Award +298,780 298,780 16 Feb 2023 Common Stock, par value $.01 298,780 $6.03 Direct F4
transaction KODK Stock Option (Right to Buy) Disposed to Issuer -170,733 -100% 0 16 Feb 2023 Common Stock, par value $.01 170,733 $12 Direct F4
transaction KODK Stock Option (Right to Buy) Award +170,733 170,733 16 Feb 2023 Common Stock, par value $.01 170,733 $12 Direct F4
transaction KODK Stock Option (Right to Buy) Disposed to Issuer -1,150,000 -100% 0 16 Feb 2023 Common Stock, par value $.01 1,150,000 $3.03 Direct F5
transaction KODK Stock Option (Right to Buy) Award +1,150,000 1,150,000 16 Feb 2023 Common Stock, par value $.01 1,150,000 $3.03 Direct F5
transaction KODK Stock Option (Right to Buy) Disposed to Issuer -350,000 -100% 0 16 Feb 2023 Common Stock, par value $.01 350,000 $4.53 Direct F5
transaction KODK Stock Option (Right to Buy) Award +350,000 350,000 16 Feb 2023 Common Stock, par value $.01 350,000 $4.53 Direct F5
transaction KODK Stock Option (Right to Buy) Disposed to Issuer -350,000 -100% 0 16 Feb 2023 Common Stock, par value $.01 350,000 $6.03 Direct F5
transaction KODK Stock Option (Right to Buy) Award +350,000 350,000 16 Feb 2023 Common Stock, par value $.01 350,000 $6.03 Direct F5
transaction KODK Stock Option (Right to Buy) Disposed to Issuer -200,000 -100% 0 16 Feb 2023 Common Stock, par value $.01 200,000 $12 Direct F5
transaction KODK Stock Option (Right to Buy) Award +200,000 200,000 16 Feb 2023 Common Stock, par value $.01 200,000 $12 Direct F5
holding KODK Restricted Stock Units 200,000 16 Feb 2023 Common Stock, par value $.01 200,000 $0 Direct F1
holding KODK Restricted Stock Units 300,000 16 Feb 2023 Common stock, par value $.01 300,000 $0 Direct F2
holding KODK Phantom Stock 241,589 16 Feb 2023 Common Stock, par value $.01 241,589 $0 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units, which convert into common stock on a one-for-one basis and, except as otherwise provided in the award notice, vest in substantially equal installments on each of 2/26/2023 and 2/26/2024.
F2 These restricted stock units, which convert into common stock on a one-for-one basis and, except as otherwise provided in the award notice, vest in substantially equal installments on each of 2/26/2023, 2/26/2024 and 2/26/2025.
F3 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.
F4 The reported transaction involved an amendment of an outstanding option to extend the expiration date thereof by three years, 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.
F5 The reported transaction involved an amendment of an outstanding option to extend the expiration date thereof by three years, 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.