Katz Philippe D 4
4 · EASTMAN KODAK CO · Filed May 18, 2023
Insider Transaction Report
Form 4
EASTMAN KODAK COKODK
Katz Philippe D
Director10% Owner
Transactions
- Disposition to Issuer
Restricted Stock Units
2023-05-16−22,075→ 0 totalExercise: $0.00From: 2023-05-16Exp: 2023-05-16→ Common Stock, par value $.01 (22,075 underlying) - Award
Phantom Stock
2023-05-16+22,075→ 82,585 totalExercise: $0.00→ Common Stock, par value $.01 (22,075 underlying) - Award
Restricted Stock Units
2023-05-17+23,365→ 23,365 totalExercise: $0.00→ Common Stock, par value $.01 (23,365 underlying)
Holdings
- 1,569,870(indirect: Owned by Momar Corporation)
Common Stock, par value $.01
- 7,598(indirect: Owned by United Equities Commodities Company)
Common Stock, par value $.01
- 7,699
Stock Option (Right to Buy)
Exercise: $6.03Exp: 2030-05-19→ Common Stock, par value $.01 (7,699 underlying) - 4,400
Stock Option (Right to Buy)
Exercise: $12.00Exp: 2030-05-19→ Common Stock, par value $.01 (4,400 underlying) - 152,496
Common Stock, par value $.01
- 48,875(indirect: Owned by 111 John Realty Corp.)
Common Stock, par value $.01
- 7,699
Stock Option (Right to Buy)
Exercise: $4.53Exp: 2030-05-19→ Common Stock, par value $.01 (7,699 underlying) - 2,522,011(indirect: By LLC)
Common Stock, par value $.01
- 87,720(indirect: Owned by Marneu Holding Company)
Common Stock, par value $.01
- 25,297
Stock Option (Right to Buy)
Exercise: $3.03Exp: 2030-05-19→ Common Stock, par value $.01 (25,297 underlying)
Footnotes (9)
- [F1]Mr. Katz disclaims beneficial ownership of the securities held by KF Investors LLC, an entity of which Mr. Katz is a managing member, except to the extent of his pecuniary interest therein.
- [F2]Mr. Katz disclaims beneficial ownership of the securities held by Momar Corporation, an entity in which Mr. Katz has an ownership interest, except to the extent of his pecuniary interest therein.
- [F3]Mr. Katz disclaims beneficial ownership of the securities held by United Equities Commodities Company, an entity of which Mr. Katz is a general partner, except to the extent of his pecuniary interest therein.
- [F4]Mr. Katz disclaims beneficial ownership of the securities held by Marneu Holding Company, an entity of which Mr. Katz is a partner, except to the extent of his pecuniary interest therein.
- [F5]Mr. Katz disclaims beneficial ownership of the securities held by 111 John Realty Corp., an entity in which Mr. Katz has an ownership interest, except to the extent of his pecuniary interest therein.
- [F6]These restricted stock units convert into common stock on a one-for-one basis. Upon vesting on 5/16/2023, Mr. Katz 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. Katz 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.
- [F7]Each share of phantom stock represents a right to receive one share of common stock and becomes payable at the election of Mr. Katz 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.
- [F8]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.
- [F9]This option has fully vested as of the date of this report.