SEC FORM 4 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*
BlueMountain Long/Short Credit Master Fund L.P.

(Last) (First) (Middle)
280 PARK AVENUE, 12TH FLOOR

(Street)
NEW YORK NY 10017

(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 X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2015
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X 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(1)(2)(3)(4) 08/13/2015 S 979,773 D $14.71 0 D
Common Stock(1)(2)(3)(4) 08/13/2015 S 979,773 D $14.71 191,428 I Notes(1)(2)
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
125% Warrants(1)(2)(3)(4) $14.93 08/13/2015 S 33,628 09/03/2013 09/03/2018 Common Stock 33,628 $3.61 0 D
135% Warrants(1)(2)(3)(4) $16.12 08/13/2015 S 33,628 09/03/2013 09/03/2018 Common Stock 33,628 $2.88 0 D
125% Warrants(1)(2)(3)(4) $14.93 08/13/2015 S 33,628 09/03/2013 09/03/2018 Common Stock 33,628 $3.61 6,570 I Notes(1)(2)
135% Warrants(1)(2)(3)(4) $16.12 08/13/2015 S 33,628 09/03/2013 09/03/2018 Common Stock 33,628 $2.88 6,570 I Notes(1)(2)
1. Name and Address of Reporting Person*
BlueMountain Long/Short Credit Master Fund L.P.

(Last) (First) (Middle)
280 PARK AVENUE, 12TH FLOOR

(Street)
NEW YORK NY 10017

(City) (State) (Zip)
1. Name and Address of Reporting Person*
BlueMountain Long/Short Credit GP, LLC

(Last) (First) (Middle)
280 PARK AVENUE, 12TH FLOOR

(Street)
NEW YORK NY 10017

(City) (State) (Zip)
Explanation of Responses:
1. The filing of this Form 4 shall not be construed as an admission that BlueMountain Long/Short Credit GP, LLC ("BMLSC GP") is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise the beneficial owner of any of (i) the shares of Common Stock, par value $0.01 per share (the "Common Stock"), of Eastman Kodak Company (the "Issuer"), (ii) any warrants to purchase shares of Common Stock at an exercise price of $14.93 (the "125% Warrants") or (iii) any warrants to purchase shares of Common Stock at an exercise price of $16.12 (the "135% Warrants"). Pursuant to Rule 16a-1(a)(4) of the Exchange Act, BMLSC GP disclaims such beneficial ownership, except to the extent of its pecuniary interest.
2. BlueMountain Capital Management, LLC ("BMCM") is the investment manager of BlueMountain Long/Short Credit Master Fund L.P. ("BMLSC"), and in that capacity directs the voting and disposition of securities held by BMLSC and receives an asset-based fee with respect to BMLSC's investment activities. BMLSC GP serves as the general partner of BMLSC and in that capacity receives a performance based allocation.
3. On August 13, 2015, BMLSC sold 494,083 shares of Common Stock, 33,628 125% Warrants and 33,628 135% Warrants to BlueMountain Montenvers Master Fund SCA SICAV-SIF ("BMMMF") and 485,690 shares of Common Stock to BlueMountain Summit Trading L.P. ("Summit"), both of which are private funds for which BMCM also acts as investment manager. Such sale represented all of the Common Stock, 125% Warrants and 135% Warrants held by BMLSC. BMLSC GP, BlueMountain Summit Opportunities GP II, LLC, the general partner of Summit, and BlueMountain Montenvers Holdings, LLC, the holder of carry shares in BMMMF, are all wholly owned subsidiaries of BlueMountain GP Holdings, LLC ("GP Holdings"); accordingly the transaction described in this Form 4 had no effect on the pecuniary interest held by GP Holdings in the Common Stock, the 125% Warrants and the 135% Warrants.
4. The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16(a)-3(j) under the Exchange Act.
Remarks:
BlueMountain Long/Short Credit Master Fund L.P., By: /s/ Eric M. Albert, Chief Compliance Officer 08/17/2015
BlueMountain Long/Short Credit GP, LLC, By: /s/ Eric M. Albert, Chief Compliance Officer 08/17/2015
** Signature of Reporting Person Date
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