Brad Kruchten Form 4 EASTMAN KODAK / Brad Kruchten ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Kruchten Brad

(Last) (First) (Middle)

EASTMAN KODAK COMPANY

343 STATE STREET

(Street)

ROCHESTER NY 14650

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
EASTMAN KODAK CO [ KODK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
01/16/2018

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $.01	01/16/2018		S(1)		3,400	D	$8.37	19,181	D
Common Stock, par value $.01								1,628	I	By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0(2)							(2)	09/03/2018	Common Stock, par value $.01	10,176		10,176	D
Restricted Stock Units	$0(3)							(3)	09/03/2019	Common Stock, par value $.01	17,973		17,973	D
Restricted Stock Units	$0(4)							(4)	09/03/2020	Common Stock, par value $.01	27,632		27,632	D
Restricted Stock Units	$0(5)							(5)	08/24/2018	Common Stock, par value $.01	2,437		2,437	I	By Spouse
Stock Option (Right to Buy)	$23.78							(6)	09/02/2021	Common Stock, par value $.01	53,232		53,232	D
Stock Option (Right to Buy)	$13.76							(7)	09/02/2022	Common Stock, par value $.01	73,044		73,044	D
Stock Option (Right to Buy)	$15.58							(8)	09/02/2023	Common Stock, par value $.01	71,308		71,308	D
Stock Option (Right to Buy)	$15.2							(9)	11/14/2023	Common Stock, par value $.01	65,935		65,935	D
Stock Option (Right to Buy)	$12.5							(10)	09/13/2024	Common Stock, par value $.01	101,523		101,523	I	By Spouse
125% Warrants to purchase Common Stock, par value $.01	$14.93							09/03/2013	09/03/2018	Common Stock, par value $.01	943(11)		943	D
135% Warrants to purchase Common Stock, par value $.01	$16.12							09/03/2013	09/03/2018	Common Stock, par value $.01	943(11)		943	D
125% Warrants to purchase Common Stock, par value $.01	$14.93							09/03/2013	09/03/2018	Common Stock, par value $.01	31(11)		31	I	By Spouse
135% Warrants to purchase Common Stock, par value $.01	$16.12							09/03/2013	09/03/2018	Common Stock, par value $.01	31(11)		31	I	By Spouse

Explanation of Responses:

1. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Kruchten on March 24, 2017. Accordingly, the reporting person had no discretion with regard to the timing of the transaction.

2. These restricted stock units, which convert into common stock on a one-for-one basis, vest one-third on each of the first three anniversaries of the 9/3/2015 grant date.

3. These restricted stock units, which convert into common stock on a one-for-one basis, vest one-third on each of the first three anniversaries of the 9/3/2016 grant date.

4. These restricted stock units, which convert into common stock on a one-for-one basis, vest one-third on 9/3/2018 and one-third on each of the first two anniversaries of such date.

5. These restricted stock units, which convert into common stock on a one-for-one basis, vest one-third on each of the first three anniversaries of the 8/24/2015 grant date.

6. This option vests one-third on each of the first three anniversaries of the 9/3/2014 grant date.

7. This option vests one-third on each of the first three anniversaries of the 9/3/2015 grant date.

8. This option vests one-third on each of the first three anniversaries of the 9/3/2016 grant date.

9. This option vests one-third on 9/3/2018 and one-third on each of the first two anniversaries of such date.

10. This option vests one-third on each of the first three anniversaries of the 9/14/2017 grant date.

11. Each of these Warrants entitles the holder to purchase one share of common stock; however, for each Warrant exercised, the holder will receive a net share amount equal to the number of shares issuable upon the exercise multiplied by the closing sale price of the common stock on the exercise date minus the exercise price, divided by the closing sale price, together with cash for any fractional shares.

Remarks:

	/s/ Sharon E. Underberg, Attorney-in-fact for Brad W. Kruchten	01/18/2018
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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