Kodak 2010 Annual Report Download - page 156

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30
BENEFICIAL OWNERSHIP
BENEFICIAL SECURITY OWNERSHIP OF MORE THAN 5% OF THE COMPANY’S COMMON SHARES
The following table sets forth information from filings with the SEC under Sections 13(d) and 13(g) of the Securities Exchange Act of 1934,
as amended, as to each person or group who beneficially owns more than 5% of our outstanding common shares:
Shareholder’s Name and Address
Number of Common Shares
Beneficially Owned
Percentage of
Company’s Common
Shares Beneficially Owned
Legg Mason Capital Management, Inc.
LMM LLC
100 International Drive
Baltimore, MD 21202
51,920,124(1)
19.31%
KKR Fund Holdings L.P. (2)
c/o Kohlberg Kravis Roberts & Co., L.P.
9 West 57th Street, Suite 4200
New York, NY 10019
40,000,000(3)
13.00%
FMR LLC (Fidelity)
82 Devonshire Street
Boston, MA 02109
18,592,031(4)
6.78%
Black Rock, Inc.
40 East 52nd Street
New York, NY 10022
17,655,574
6.57%
(1) As set forth in Amendment No. 9 of Shareholder’s Schedule 13G/A filed on February 15, 2011, as of December 31, 2010 the
following entities were listed as having shared voting and dispositive power:
Name
Number of Shares with Shared Voting
and Dispositive Power
Percent of Class Represented
Legg Mason Capital Management, Inc.
32,365,584*
12.04%
LMM LLC
19,554,540**
7.27%
* Includes 14,999,720 shares, representing 5.58% of total shares outstanding, owned by Legg Mason Capital Management Value
Trust, Inc., a Legg Mason Capital Management managed fund.
** Includes 18,500,000 shares, representing 6.88% of total shares outstanding, owned by Legg Mason Capital Management
Opportunity Trust, a LLM managed fund.
(2) On September 29, 2009, the Company issued $300,000,000 aggregate principal amount of senior secured notes and warrants to
purchase an aggregate of 40,000,000 shares of Kodak common stock (the “Kodak Warrants”) to KKR Jet Stream (Cayman)
Limited, KKR Jet Stream LLC, 8 North America Investor (Cayman) Limited and OPERF Co-Investment LLC for an aggregate
amount of $288,000,000. The Kodak Warrants are exercisable at any time after September 29, 2009, at a per share exercise price
equal to $5.50 (which amount may be paid in cash or by a built-in cashless exercise mechanism). The Kodak Warrants expire on
September 29, 2017. A holder of the Kodak Warrants is not permitted to transfer them or the shares issued upon the exercise of
any of the Kodak Warrants prior to September 29, 2011, subject to certain exceptions. Ownership of the 40,000,000 Kodak
Warrants was allocated as follows:
Name
Number of Warrants Exercisable for
Common Shares
Percent of Class Represented
KKR Jet Stream LLC
37,297,084
12.20%
8 North America Investor (Cayman) Limited
2,008,472
0.70%
OPERF Co-Investment LLC
694,444
0.20%
(3) As set forth in the Schedule 13D filed on September 29, 2009, the following entities may also be deemed to have or share
beneficial ownership of the 40,000,000 shares of common stock underlying the Kodak Warrants that may be deemed beneficially
owned by KKR Fund Holdings L.P.: KKR Fund Holdings GP Limited (as a general partner of KKR Fund Holdings L.P.); KKR
Group Holdings L.P. (as a general partner of KKR Fund Holdings L.P. and the sole shareholder of KKR Fund Holdings GP