kodk-8k_20200930.htm


________________ Form 8-K ________________
CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 30, 2020
EASTMAN KODAK COMPANY (Exact name of registrant as specified in its charter)
NEW JERSEY (State or other jurisdiction of incorporation)	1-87 (Commission File Number)	16-0417150 (IRS Employer Identification No.)
343 State Street Rochester, NY 14650 (Address of principal executive offices with zip code)
(585) 724-4000 (Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Title of each class

Trading Symbol

Name of each exchange

on which registered

Common Stock, $0.01 par value per share

KODK

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

On September 30, 2020, Eastman Kodak Company (the “Company”) published on its website the press release furnished as Exhibit 99.1 hereto, which press release is incorporated by reference into this Item 7.01, to effect the mandatory conversion of the remaining $5 million outstanding principal amount of its 5.00% Secured Convertible Notes due 2021. This Item 7.01 and Exhibit 99.1 (the “Furnished Information”) are being furnished and shall not be deemed “filed” for any purpose. The Furnished Information shall not be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference to the Furnished Information in such filing.

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


		EASTMAN KODAK COMPANY

		By:	/s/Roger W. Byrd
			Name: Roger W. Byrd
			Title: General Counsel, Secretary and Senior Vice President

ROCHESTER, N.Y., September 30, 2020 – Eastman Kodak Company (the “Company”) announced today its election to mandatorily convert the remaining $5 million outstanding principal amount (the “Converted Notes”) of the Company’s 5.00% Secured Convertible Notes due 2021 (the “Notes”) into shares of the Company’s common stock, par value $.01 per share (“Common Stock”). Of the $100 million original principal amount of the Notes, $95 million was converted at the option of the holders as of July 29, 2020. The conversion of the Converted Notes will be effective on September 30, 2020 (the “Mandatory Conversion Date”). Within five (5) trading days after the Mandatory Conversion Date, the Company is obligated to deliver an aggregate of 1,574,892 shares of Common Stock (equal to 314.9785 shares of Common Stock for each $1,000 principal amount of Notes) to the holder of the Converted Notes. The Company intends to pay the accrued interest on the Converted Notes in the form of cash, and interest will cease to accrue on the Converted Notes on and after the Mandatory Conversion Date. As a result of the conversion of the Converted Notes, the lien granted by the Company on certain of its assets to secure the Notes will be released.

Kodak is a global technology company focused on print and advanced materials & chemicals. We provide industry-leading hardware, software, consumables and services primarily to customers in commercial print, packaging, publishing, manufacturing and entertainment. We are committed to environmental stewardship and ongoing leadership in developing sustainable solutions. Our broad portfolio of superior products, responsive support and world-class R&D make Kodak solutions a smart investment for customers looking to improve their profitability and drive growth. For additional information on Kodak, visit us at Kodak.com and engage with us on Twitter@Kodak and on LinkedIn at Kodak.


(d)	Exhibits (furnished and not filed)
(99.1)	Press release published on the Company’s website on September 30, 2020