EASTMAN KODAK CO — Director's Dealing 2017

Jan 10, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTMAN KODAK CO (KODK)
CIK: 0000031235
Period of Report: 2017-01-08

Reporting Person: CONTINENZA JAMES V (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-08	Restricted Stock Units	$0	D	23878	Disposed	2017-01-08	Common Stock, par value $.01 (23878)	Direct
2017-01-08	Phantom Stock	$0	A	23878	Acquired		Common Stock, par value $.01 (23878)	Direct
2017-01-09	Restricted Stock Units	$0	A	16340	Acquired		Common Stock, par value $.01 (16340)	Direct

Footnotes

F1: These restricted stock units convert into common stock on a one-for-one basis. Upon vesting on 1/8/2017, Mr. Continenza deferred the receipt of 23,878 shares of common stock and received instead 23,878 shares of phantom stock pursuant to the terms of the Eastman Kodak Company Deferred Compensation Plan for Directors (the "Plan"). As a result, Mr. Continenza is reporting the disposition of 23,878 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. 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.

F3: 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 in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on 1/9/2018, subject to continuous service as a member of the board of directors.