|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
| ||||||||||||||||||
| ||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||
1. Title of Derivative Security | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | $ 0 (1) | 05/16/2023 | D | 22,075 (1) | 05/16/2023 | 05/16/2023 | Common Stock, par value $.01 | 22,075 | $ 0 | 0 | D | ||||
Phantom Stock | $ 0 (2) | 05/16/2023 | A | 22,075 | (2) | (2) | Common Stock, par value $.01 | 22,075 | $ 0 | 22,075 | D | ||||
Restricted Stock Units | $ 0 (3) | 05/17/2023 | A | 23,365 | (3) | (3) | Common Stock, par value $.01 | 23,365 | $ 0 | 23,365 | D | ||||
Stock Option (Right to Buy) | $3.03 | (4) | 05/19/2030 | Common Stock, par value $.01 | 21,081 | 21,081 | D | ||||||||
Stock Option (Right to Buy) | $4.53 | (4) | 05/19/2030 | Common Stock, par value $.01 | 6,416 | 6,416 | D | ||||||||
Stock Option (Right to Buy) | $6.03 | (4) | 05/19/2030 | Common Stock, par value $.01 | 6,416 | 6,416 | D | ||||||||
Stock Option (Right to Buy) | $12 | (4) | 05/19/2030 | Common Stock, par value $.01 | 3,666 | 3,666 | D | ||||||||
These restricted stock units convert into common stock on a one-for-one basis. Upon vesting on 5/16/2023, Mr. New deferred the receipt of 22,075 shares of common stock and received instead 22,075 shares of phantom stock pursuant to the terms of the Eastman Kodak Company Deferred Compensation Plan for Directors (the "Plan"). As a result, Mr. New is reporting the disposition of 22,075 shares of common stock in exchange for an equal number of shares of phantom stock under the Plan. | |
Each share of phantom stock represents a right to receive one share of common stock and becomes payable at the election of Mr. New 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. | |
These restricted 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, vest on the day immediately preceding the Company's 2024 annual meeting of shareholders. | |
This option has fully vested as of the date of this report. |
| Signatures | ||
/s/ Roger W. Byrd, Attorney-in-Fact for Jason Griffin New | 05/18/2023 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||