Kodak 2000 Annual Report Download - page 93

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21
(a) D. A. Carp became Chairman on December 8, 2000. R. H. Brust was hired on January 3, 2000. E. L.
Steenburgh was hired on April 13, 1998. M. M. Coyne and M. P. Morley were Senior Vice Presidents
until October 23, 2000, when they became Executive Vice Presidents.
(b) This column shows Management Variable Compensation Plan awards for services in the year indicated.
(c) Where no amount is shown, the value of personal benefits provided was less than the minimum amount
required to be reported. For D. A. Carp the amount represents tax reimbursement associated with
expatriate payments.
(d) The total number and value of restricted stock held as of December 31, 2000, for each named individual
(valued at $39.38 per share) were: G. M. C. Fisher – 50,000 shares – $1,969,000; D. A. Carp – 45,679
shares – $1,798,839; R. H. Brust – 11,625 shares – $457,793; M. M. Coyne – 12,640 shares – $497,763;
M. P. Morley – 27,867 shares – $1,097,402; E. L. Steenburgh – 26,631 shares – $1,048,729. The amount
shown for D. A. Carp for 1998 represents 20,000 shares valued as of the date of grant (May 1, 1998) at
$73.84 per share. The amount shown for R. H. Brust represents 11,625 shares valued as of the date of
grant (January 3, 2000) at $40.2187 per share. The amount shown for E. L. Steenburgh represents 8,000
shares valued as of the date of grant (February 11, 2000) at $58.375 per share, 8,000 shares valued as of
the date of grant (February 12, 1999) at $65.438 per share, and 10,000 shares valued as of the date of
grant (April 13, 1998) at $64.313 per share. The amount shown for M. M. Coyne represents 10,000
shares valued as the date of grant (October 2, 2000) at $40.9375 per share. The amount shown for M. P.
Morley represents 5,000 shares valued as of the date of grant (October 11, 1999) at $74.344 per share.
Dividends are paid on restricted shares as and when dividends are paid on Kodak common stock.
(e) No awards were paid for the periods 1998-2000, 1997-1999 and 1996-1998 under the Performance Stock
Program.
(f) For G. M. C. Fisher for 2000, this amount represents a payment in connection with the sale of his house
in Rochester, NY; for 1999, this amount represents life insurance premiums; for 1998, this amount
includes $1,738,382 of principal and interest forgiven by the Company with respect to two loans which
were fully forgiven in 1998 and $29,840 for life insurance premiums. For R. H. Brust for 2000, this
amount represents the company matching contribution to his account under the Eastman Kodak
Employees’ Savings and Investment Plan because he is a participant in the Company’s cash balance
feature of the Kodak Retirement Income Plan.