Eastman Kodak Company (NYSE:KODK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
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Departure of Directors or Certain Officers; Appointment of |
In connection with certain changes to its organizational
structure, on April 7, 2017 Eastman Kodak Company and its
subsidiary Kodak Sarl (together, the Company) determined to
eliminate the Senior Vice President position held by Phillip
Cullimore.Accordingly, effective April 30, 2017, Mr. Cullimores
employment with the Company shall cease. Mr. Cullimore will be
entitled to receive the Severance Payment as well as the
continued vesting of his Long-Term Equity Awards, as such terms
are defined in his Retention Letter dated May 24, 2016 and filed
as Exhibit 10.4 to the Companys Quarterly Report on Form 10-Q for
the quarterly period ended June 30, 2016, and in his Amendment
No. 1 to Employment Agreement dated December 9, 2013 and filed as
Exhibit 10.3 to the Companys Quarterly Report on Form 10-Q for
the quarterly period ended March 31, 2016. Such exhibits are
incorporated into Item 5.02 of this Current Report on Form 8-K by
reference.
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Item 7.01 |
Regulation FD Disclosure. |
The Companys press release issued on April 7, 2017, announcing
changes to the Companys organizational structure and the
elimination of Mr. Cullimores position, is attached to this
Current Report on Form 8-K as Exhibit 99.1.
The Companys press release issued on April 7, 2017, announcing
the Companys strategic decision to retain its Prosper Enterprise
Inkjet business, is attached to this Current Report on Form 8-K
as Exhibit 99.2.
Section 9 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit No. Exhibit
99.1Press release issued by Eastman Kodak Company dated April 7,
2017.
99.2Press release issued by Eastman Kodak Company dated April 7,
2017.
Eastman Kodak Company (NYSE:KODK) Recent Trading Information
Eastman Kodak Company (NYSE:KODK) closed its last trading session up +0.03 at 11.60 with 159,224 shares trading hands.