4//SEC Filing
EASTMAN KODAK CO 4
Accession 0000891839-16-000135
$KODKCIK 0000031235operating
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 6:09 PM ET
Size
20.5 KB
Accession
0000891839-16-000135
Insider Transaction Report
Form 4
EASTMAN KODAK COKODK
BURGESS MARK S
Director
Transactions
- Award
Phantom Stock
2016-01-01+5,037→ 7,645 totalExercise: $0.00→ Common Stock, par value $.01 (5,037 underlying) - Exercise/Conversion
Common Stock, par value $.01
2016-01-01+1,304→ 2,608 total - Disposition to Issuer
Restricted Stock Units
2016-01-01−5,037→ 0 totalExercise: $0.00From: 2016-01-01Exp: 2016-01-01→ Common Stock, par value $.01 (5,037 underlying) - Disposition to Issuer
Restricted Stock Units
2016-01-01−1,304→ 2,611 totalExercise: $0.00→ Common Stock, par value $.01 (1,304 underlying) - Exercise/Conversion
Common Stock, par value $.01
2016-01-01+5,037→ 7,645 total - Exercise/Conversion
Restricted Stock Units
2016-01-01−1,304→ 3,915 totalExercise: $0.00→ Common Stock, par value $.01 (1,304 underlying) - Award
Phantom Stock
2016-01-01+1,304→ 2,608 totalExercise: $0.00→ Common Stock, par value $.01 (1,304 underlying) - Exercise/Conversion
Restricted Stock Units
2016-01-01−5,037→ 5,037 totalExercise: $0.00From: 2016-01-01Exp: 2016-01-01→ Common Stock, par value $.01 (5,037 underlying)
Footnotes (3)
- [F1]These restricted stock units, which convert into common stock on a one-for-one basis, were previously reported by Mr. Burgess and, except as otherwise provided in the award agreement, vest one third on each of 1/1/15, 1/1/16 and 1/1/17, subject to continuous service as a member of the board of directors. Upon vesting of 2,608 shares on 1/1/16, Mr. Burgess deferred the receipt of 1,304 shares of common stock and received instead 1,304 shares of phantom stock pursuant to the terms of the Eastman Kodak Company Deferred Compensation Plan for Directors (the "Plan"). As a result, Mr. Burgess is reporting the disposition of 1,304 shares of common stock in exchange for an equal number of shares of phantom stock under the Plan.
- [F2]Each share of phantom stock represents a right to receive one share of common stock and becomes payable at the election of Mr. Burgess 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.
- [F3]These restricted stock units, which convert into common stock on a one-for-one basis, were previously reported by Mr. Burgess and vested on 1/1/16. Upon vesting of 10,074 shares, Mr. Burgess deferred the receipt of 5,037 shares of common stock and received instead 5,037 shares of phantom stock pursuant to the terms of the Plan. As a result, Mr. Burgess is reporting the disposition of 5,037 shares of common stock in exchange for an equal number of shares of phantom stock under the Plan.
Documents
Issuer
EASTMAN KODAK CO
CIK 0000031235
Entity typeoperating
IncorporatedNJ
Related Parties
1- filerCIK 0000031235
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 6:09 PM ET
- Size
- 20.5 KB