Sec Form 4 Filing - Hobert Kevin J @ EASTMAN KODAK CO - 2007-02-27

Insider filing report for Changes in Beneficial Ownership
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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
Hobert Kevin J
2. Issuer Name and Ticker or Trading Symbol
EASTMAN KODAK CO [ EK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Senior Vice President
(Last) (First) (Middle)
343 STATE STREET
3. Date of Earliest Transaction (MM/DD/YY)
02/27/2007
(Street)
ROCHESTER, NY14650
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ 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 542.01 D
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
Option (right to buy) $ 30.39 ( 1 ) 10/14/2012 Common Stock 5,500 5,500 D
Option (right to buy) $ 36.66 ( 1 ) 11/21/2012 Common Stock 3,000 3,000 D
Option (right to buy) $ 26.46 ( 1 ) 05/11/2012 Common Stock 10,000 10,000 D
Option (right to buy) $ 26.47 ( 1 ) 05/31/2012 Common Stock 46,250 46,250 D
Option (right to buy) ( 2 ) $ 24.75 ( 1 ) 12/06/2012 Common Stock 12,400 12,400 D
Option (right to buy) ( 2 ) $ 25.88 ( 1 ) 12/11/2013 Common Stock 15,890 15,890 D
Restricted Stock Units ( 3 ) ( 4 ) 02/27/2007 A 2,945 12/31/2007( 5 ) 12/31/2007( 5 ) Common Stock 2,945 $ 0 2,945 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Hobert Kevin J
343 STATE STREET
ROCHESTER, NY14650
Senior Vice President
Signatures
Laurence L. Hickey, as attorney-in-fact for Kevin J. Hobert 03/01/2007
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These options vest one-third on each of the first three anniversaries of the grant date.
( 2 )Stock option granted under the 2005 Omnibus Long-Term Compensaton Plan.
( 3 )These units granted under the 2005 Omnibus Long-Term Compensation Plan; 2006 Executive Performance Share Program
( 4 )These units convert on a one-for-one basis.
( 5 )This is the date these restricted stock units will vest.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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