Sec Form 4 Filing - BlueMountain Capital Management, LLC @ EASTMAN KODAK CO - 2015-04-14

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
BlueMountain Capital Management, LLC
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)
(Last) (First) (Middle)
280 PARK AVENUE, 12TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
04/14/2015
(Street)
NEW YORK, NY10017
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 ) ( 3 ) ( 4 ) 04/14/2015 S 171,471 D $ 20.56 0 D
Common Stock ( 1 ) ( 2 ) ( 3 ) ( 4 ) 04/14/2015 S 171,471 D $ 20.56 7,449,406 I Footnotes ( 1 ) ( 2 ) ( 3 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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 ) ( 3 ) ( 4 ) $ 14.93 04/14/2015 S 5,884 09/03/2013 09/03/2018 Common Stock 5,884 $ 6.29 0 D
135% Warrants ( 1 ) ( 3 ) ( 4 ) $ 16.12 04/14/2015 S 5,884 09/03/2013 09/03/2018 Common Stock 5,884 $ 5.59 0 D
125% Warrants ( 1 ) ( 2 ) ( 3 ) ( 4 ) $ 14.93 04/14/2015 S 5,884 09/03/2013 09/03/2018 Common Stock 5,884 $ 6.29 255,679 I Footnotes ( 1 ) ( 2 ) ( 3 )
135% Warrants ( 1 ) ( 2 ) ( 3 ) ( 4 ) $ 16.12 04/14/2015 S 5,884 09/03/2013 09/03/2018 Common Stock 5,884 $ 5.59 255,679 I Footnotes ( 1 ) ( 2 ) ( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BlueMountain Capital Management, LLC
280 PARK AVENUE, 12TH FLOOR
NEW YORK, NY10017
X
BlueMountain Long/Short Credit & Distressed Reflection Fund, a sub fund of AAI BlueMountain Fund PLC
280 PARK AVENUE, 12TH FLOOR
NEW YORK, NY10017
X
Signatures
BlueMountain Capital Management, LLC, By: /s/ Paul Friedman, Chief Compliance Officer 04/14/2015
Signature of Reporting Person Date
BlueMountain Long/Short Credit & Distressed Reflection Fund, a sub fund of AAI BlueMountain Fund PLC, By: BlueMountain Capital Management, LLC, By: /s/ Paul Friedman, Chief Compliance Officer 04/14/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The filing of this Form 4 shall not be construed as an admission that BlueMountain Capital Management, LLC ("BMCM") 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, BMCM disclaims such beneficial ownership, except to the extent of its pecuniary interest.
( 2 )BMCM is the investment manager of BlueMountain Long/Short Credit & Distressed Reflection Fund, a sub fund of AAI BlueMountain Fund plc ("AAI"), and in that capacity directs the voting and disposition of securities held by AAI and receives an asset-based and performance-based fee with respect to AAI's investment activities.
( 3 )On April 14, 2015, AAI disposed of 171,471 shares of Common Stock, 5,884 125% Warrants and 5,884 135% Warrants, representing all of the Common Stock, 125% Warrants and 135% Warrants held by AAI. All such securities were issued to AAI pursuant to the Issuer's First Amended Joint Plan of Reorganization (the "Plan"). Under the Plan, holders of Class 4 General Unsecured Claims and Class 6 Retiree Settlement Unsecured Claims such as AAI were issued Common Stock, 125% Warrants and 135% Warrants in respect of such claims.
( 4 )The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16(a)-3(j) under the Exchange Act.

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