Kodak 2009 Annual Report Download - page 216

72
(10) Mr. Perez's unvested stock awards include: (i) the remaining 30,000 unvested shares of a Restricted Stock award granted on
June 1, 2005, which will vest on June 1, 2010; (ii) the remaining 9,497 unvested shares of a Restricted Stock award granted on
February 27, 2007, which will vest on February 27, 2010; (iii) 95,120 unvested RSUs, which will cliff vest on December 31, 2011;
(iv) 1,048,370 unvested RSUs, which will vest in equal installments on September 28, 2012 and 2013, with a hold until retirement
provision; and (v) 161,704 shares earned from the 2009 Leadership Stock cycle, which will vest on December 31, 2011.
(11) Mr. Sklarsky's unvested stock awards include: (i) the remaining 25,000 unvested shares of a Restricted Stock award granted on
October 30, 2006, which will vest on October 30, 2010; (ii) 26,300 unvested RSUs, which will cliff vest on December 31, 2011;
(iii) 289,860 unvested RSUs, which will vest in equal installments on September 28, 2012 and 2013; and (iv) 44,710 shares
earned from the 2009 Leadership Stock cycle, which will vest on December 31, 2011.
(12) Mr. Faraci's unvested stock awards include: (i) the remaining 1,797 unvested shares of a Restricted Stock award granted on
February 27, 2007, which will vest on February 27, 2010; (ii) 31,230 unvested RSUs, which will cliff vest on December 31, 2011;
(iii) 344,200 unvested RSUs, which will vest in equal installments on September 28, 2012 and 2013; and (iv) 53,091 shares
earned from the 2009 Leadership Stock cycle, which will vest on December 31, 2011.
(13) Ms. Haag's unvested stock awards include: (i) 11,668 unvested RSUs, which will cliff vest on December 31, 2011; (ii) 130,430
unvested RSUs, which will vest in equal installments on September 28, 2012 and 2013; and (iii) 20,128 shares earned from the
2009 Leadership Stock cycle, which will vest on December 31, 2011.
(14) Mr. Berman’s unvested stock awards include: (i) the remaining 3,334 shares of a Restricted Stock award granted on December
10, 2004, which will vest on December 10, 2011; (ii) 12,750 unvested RSUs, which will cliff vest on December 31, 2011; (iii)
140,580 unvested RSUs, which will vest in equal installments on September 28, 2012 and 2013; and (iv) 21,675 shares earned
from the 2009 Leadership Stock cycle, which will vest on December 31, 2011.
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
—
—
87,257
$358,446
F.S. Sklarsky
—
—
24,723
104,332
P.J. Faraci
—
—
21,304
89,256
J.P. Haag
—
—
10,127
42,734
R.L. Berman
—
—
14,227
60,538
Former Executive
M.J. Hellyar
—
—
32,892
115,791(3)
(1) None of the Named Executive Officers exercised stock options in 2009.
(2) This column represents the value of vested Restricted Stock and RSUs during 2009 and the award of shares and dividend
equivalents earned under the 2007 Leadership Stock cycle. All awards represented in this column were valued using a stock price
equal to the closing price on the vesting date.
(3) This amount includes the following awards, the vesting of which was accelerated in connection with Ms. Hellyar's departure (the
value at vesting is calculated using a stock price of $2.96, Kodak's closing stock price on June 30, 2009):
• 1,797 restricted shares granted on February 27, 2007; and
• 15,000 restricted shares granted on July 17, 2006.