Kodak 2008 Annual Report Download - page 188
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62
OPTION EXERCISES AND STOCK VESTED TABLE
Option Awards (1)
Stock Awards
Name
Number of Shares
Acquired on Exercise
(#)
Value Realized
On Exercise
($)
Number of Shares
Acquired on Vesting
(#)
Value Realized
On Vesting (2)
($)
A.M. Perez 0 $0 119,732 (3) $1,996,480
F.S. Sklarsky 0 0 25,000 255,500
P.J. Faraci 0 0 32,117 (4) 565,478
M.J. Hellyar 0 0 20,602 (5) 363,045
R.L. Berman 0 0 438 (6) 3,317
Former Executive
J.T. Langley 0 0 19,688 (7) 343,539
(1) None of the Named Executive Officers exercised stock options in 2008.
(2) This column represents the value of vested restricted stock and restricted stock units during 2008 and, for Mr. Berman, the
award of shares earned under the 2006-07 Leadership Stock cycle. All awards represented in this column were valued using a
stock price equal to the closing price on the vesting date. This column also includes the value of dividends earned on vested and
unvested restricted stock units, including deferred units disclosed in the Non-Qualified Deferred Compensation Table.
(3) The amounts reported for Mr. Perez include 5,237 shares with a value of $46,400 representing vested in-kind dividends earned
and deferred on vested and unvested restricted stock units.
(4) The amounts reported for Mr. Faraci include the above-target portion of his 2007 EXCEL bonus that he received in unrestricted
shares (30,322) on March 27, 2008 in accordance with our EXCEL and share ownership program.
(5) The amounts reported for Ms. Hellyar include the above-target portion of her 2007 EXCEL bonus that she received in
unrestricted shares (18,806) on March 27, 2008 in accordance with our EXCEL and share ownership program.
(6) The amounts reported for Mr. Berman include 192 shares with a value of $1,698 representing vested in-kind dividends
earned and deferred on vested restricted stock units.
(7) The amounts reported for Mr. Langley include the following awards which were subject to accelerated vesting in connection with
Mr. Langley's termination of employment with approved reason from the Company on March 14, 2008 (the value at vesting is
calculated using a stock price of $17.39, Kodak's closing stock price on March 14, 2008):
• 3,453 unvested shares of a restricted stock award that was granted on February 27, 2007; and
• 14,509 unvested shares resulting from the 2007 Leadership Stock award (includes dividend equivalents); these shares
will be paid on December 31, 2009.