EASTMAN KODAK CO — Director's Dealing 2021

Jan 13, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTMAN KODAK CO (KODK)
CIK: 0000031235
Period of Report: 2020-09-30

Reporting Person: Engelberg Jeffrey D. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-08	Common Stock, par value $.01	M	46729	—	Acquired	206521	Direct
2020-09-30	Common Stock, par value $.01	C	1574892	$3.175	Acquired	2534892	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-08	Restricted Stock Units	$0	M	46729	Disposed	2021-01-08	Common Stock, par value $.01 (46729)	Direct
2020-09-30	5% Secured Convertible Notes	$3.175	C	1574892	Disposed		Common Stock, par value $.01 (1574892)	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$3.03	2027-05-19	Common Stock, par value $.01 (21081)	21081	Direct
Stock Option (Right to Buy)	$4.53	2027-05-19	Common Stock, par value $.01 (6416)	6416	Direct
Stock Option (Right to Buy)	$6.03	2027-05-19	Common Stock, par value $.01 (6416)	6416	Direct
Stock Option (Right to Buy)	$12.00	2027-05-19	Common Stock, par value $.01 (3666)	3666	Direct
Series A Covertible Preferred Stock	$17.40		Common Stock, par value $.01 (574710)	100000	Indirect

Footnotes

F1: These restricted stock units convert into common stock on a one-for-one basis.

F2: On September 30, 2020, these 5% Secured Convertible Notes (the "Notes") converted into common stock at a rate of 314.9785 shares of common stock per each $1,000 of principal.

F3: These securities are owned directly by C2W Partners Master Fund Limited. Mr. Engelberg is the managing member of Additive Advisory and Capital, LLC, which receives management fees from C2W Partners Master Fund Limited. Mr. Engelberg disclaims beneficial ownership of the securities held by C2W Partners Master Fund Limited and states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

F4: The Notes did not have an expiration date.

F5: This option has fully vested as of the date of this report.

F6: The convertible preferred stock is convertible at any time, at the holder's election, and has no expiration date.