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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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): December 10, 2004
Eastman Kodak Company
(Exact name of registrant as specified in its charter)
New Jersey 1-87 16-0417150
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
343 State Street,
Rochester, New York 14650
(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number, including area code (585) 724-4000
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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 Securities
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))
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ITEM 1.01 Entry into a Material Definitive Agreement
On December 10, 2004, the Company granted to each of its non-employee
directors, i.e., Mr. Richard S. Braddock, Gov. Martha Layne Collins,
Mr. Timothy M. Donahue, Dr. Michael J. Hawley, Mr. William H.
Hernandez, Mr. Durk I. Jager, Ms. Debra L. Lee, Mr. Delano E. Lewis,
The Honorable Paul H. O'Neill, Dr. Hector de J. Ruiz, and Dr. Laura
D'Andrea Tyson, an award of 1,500 stock options and an award of 1,500
restricted shares of the Company's common stock. These awards were
made as part of the Non-Employee Director Annual Compensation for 2004.
The stock options were granted under the terms and conditions of the
2000 Omnibus Long-Term Compensation Plan at an exercise price of
$31.71, the mean between the high and low price at which the Company's
common stock traded on the New York Stock Exchange on December 10,
2004. The options will vest on the first anniversary of the date of
grant and have a term of 10 years.
The restricted shares of the Company's common stock were also granted
under the terms and conditions of the 2000 Omnibus Long-Term
Compensation Plan. The restricted shares vest on the first anniversary
of the date of grant. While restricted, the shares are nontransferable
and are subject to forfeiture in the event of the Director's cessation
of service, with certain exceptions.
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SIGNATURE
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/ Richard G. Brown, Jr.
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Richard G. Brown, Jr.
Controller
Date: December 16, 2004