SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________ Form 8-K |
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CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 |
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Date of Report (Date of earliest event reported): April 13, 2020
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EASTMAN KODAK COMPANY |
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NEW JERSEY |
1-87 |
16-0417150 Identification No.) |
343 State Street Rochester, NY 14650
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(585) 724-4000 |
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
Common stock, par value $0.01 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).
Emerging growth company. ☐
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. ☐
Section 5 — Corporate Governance and Management
Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(e)On April 13, 2020, in connection with broader proactive temporary pay reductions implemented by Eastman Kodak Company (the “Company”) in response to the potential impact of the COVID-19 pandemic on the Company’s business, the Executive Compensation Committee of the Company approved temporary reductions of 25% to the base salary of each of the Company’s named executive officers: James V. Continenza, Executive Chairman; David E. Bullwinkle, Chief Financial Officer and Senior Vice President; and Roger W. Byrd, General Counsel, Secretary and Senior Vice President. The temporary pay reductions are expected to apply until year-end but may be terminated earlier based on market conditions as determined by the Executive Chairman.
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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.
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EASTMAN KODAK COMPANY |
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Date: April 16, 2019 |
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By: |
/s/ Roger W. Byrd |
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Roger W. Byrd |
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General Counsel, Secretary and Senior Vice President |
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