AI assistant
EASTMAN KODAK CO — Director's Dealing 2021
May 21, 2021
32793_dirs_2021-05-20_47ceffaf-5e8f-49c7-b494-767e0572889e.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: EASTMAN KODAK CO (KODK)
CIK: 0000031235
Period of Report: 2021-05-18
Reporting Person: Parrett William G (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-18 | Common Stock, par value $.01 | M | 4128 | — | Acquired | 32817 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-18 | Restricted Stock Units | $0 | M | 4128 | Disposed | 2021-05-18 | Common Stock, par value $.01 (4128) | Direct |
| 2021-05-18 | Restricted Stock Units | $0 | D | 3781 | Disposed | 2021-05-18 | Common Stock, par value $.01 (3781) | Direct |
| 2021-05-18 | Phantom Stock | $0 | A | 3781 | Acquired | Common Stock, par value $.01 (3781) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $3.03 | 2027-05-19 | Common Stock, par value $.01 (25297) | 25297 | Direct |
| Stock Option (Right to Buy) | $4.53 | 2027-05-19 | Common Stock, par value $.01 (7699) | 7699 | Direct |
| Stock Option (Right to Buy) | $6.03 | 2027-05-19 | Common Stock, par value $.01 (7699) | 7699 | Direct |
| Stock Option (Right to Buy) | $12.00 | 2027-05-19 | Common Stock, par value $.01 (4400) | 4400 | Direct |
Footnotes
F1: These restricted stock units convert into common stock on a one-for-one basis.
F2: Upon vesting on 5/18/2021, Mr. Parrett deferred the receipt of 3,781 shares of common stock and received instead 3,781 shares of phantom stock pursuant to the terms of the Eastman Kodak Company Deferred Compensation Plan for Directors (the "Plan"). As a result, Mr. Parrett is reporting the disposition of 3,781 shares of common stock in exchange for an equal number of shares of phantom stock under the Plan.
F3: Each share of phantom stock represents a right to receive one share of common stock and becomes payable at the election of Mr. Parrett 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: This option has fully vested as of the date of this report.