SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
EASTMAN KODAK COMPANY
(Name of Issuer)
Common Stock, $0.01 par value
(Title of Class of Securities)
277461406
(CUSIP Number)
Paul Friedman
BlueMountain Capital Management, LLC
280 Park Avenue, 5th Floor East
New York, New York 10017
212-905-3990
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
September 30, 2013
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ¨
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See
§ 240.13d-7 for other parties to whom copies are to be sent.
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (the Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 277461406 |
1 | Names of reporting persons
BlueMountain Capital Management, LLC | |||||
2 | Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds (see instructions)
WC, OO | |||||
5 | Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6 | Citizenship or place of organization
Delaware, United States of America | |||||
Number of shares beneficially owned by each reporting person with
|
7 | Sole voting power
0 | ||||
8 | Shared voting power
7,884,905 | |||||
9 | Sole dispositive power
0 | |||||
10 | Shared dispositive power
7,884,905 | |||||
11 |
Aggregate amount beneficially owned by each reporting person
7,884,905 | |||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
| |||||
13 | Percent of class represented by amount in Row (11)
20.2%(1) | |||||
14 | Type of reporting person (see instructions)
IA |
(1) | Based on information provided by the Issuer, the number of shares and ownership percentage assume that there were 38,941,136 shares of Common Stock outstanding as of October 1, 2013. |
CUSIP No. 277461406 |
1 | Names of reporting persons
BlueMountain GP Holdings, LLC | |||||
2 | Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds (see instructions)
WC, OO | |||||
5 | Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6 | Citizenship or place of organization
Delaware, United States of America | |||||
Number of shares beneficially owned by each reporting person with
|
7 | Sole voting power
0 | ||||
8 | Shared voting power
7,180,997 | |||||
9 | Sole dispositive power
0 | |||||
10 | Shared dispositive power
7,180,997 | |||||
11 |
Aggregate amount beneficially owned by each reporting person
7,180,997 | |||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
| |||||
13 | Percent of class represented by amount in Row (11)
18.4% (1) | |||||
14 | Type of reporting person (see instructions)
OO |
(1) | Based on information provided by the Issuer, the number of shares and ownership percentage assume that there were 38,941,136 shares of Common Stock outstanding as of October 1, 2013. |
CUSIP No. 277461406 |
1 | Names of reporting persons
Blue Mountain Credit Alternatives Master Fund L.P. | |||||
2 | Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds (see instructions)
WC, OO | |||||
5 | Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6 | Citizenship or place of organization
Cayman Islands | |||||
Number of shares beneficially owned by each reporting person with
|
7 | Sole voting power
0 | ||||
8 | Shared voting power
3,094,902 | |||||
9 | Sole dispositive power
0 | |||||
10 | Shared dispositive power
3,094,902 | |||||
11 |
Aggregate amount beneficially owned by each reporting person
3,094,902 | |||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
| |||||
13 | Percent of class represented by amount in Row (11)
7.9%(1) | |||||
14 | Type of reporting person (see instructions)
PN |
(1) | Based on information provided by the Issuer, the number of shares and ownership percentage assume that there were 38,941,136 shares of Common Stock outstanding as of October 1, 2013. |
CUSIP No. 277461406 |
1 | Names of reporting persons
Blue Mountain CA Master Fund GP, Ltd. | |||||
2 | Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds (see instructions)
WC, OO | |||||
5 | Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6 | Citizenship or place of organization
Cayman Islands | |||||
Number of shares beneficially owned by each reporting person with
|
7 | Sole voting power
0 | ||||
8 | Shared voting power
3,094,902 | |||||
9 | Sole dispositive power
0 | |||||
10 | Shared dispositive power
3,094,902 | |||||
11 |
Aggregate amount beneficially owned by each reporting person
3,094,902 | |||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
| |||||
13 | Percent of class represented by amount in Row (11)
7.9%(1) | |||||
14 | Type of reporting person (see instructions)
CO |
(1) | Based on information provided by the Issuer, the number of shares and ownership percentage assume that there were 38,941,136 shares of Common Stock outstanding as of October 1, 2013. |
CUSIP No. 277461406 |
1 | Names of reporting persons
BlueMountain Long/Short Credit Master Fund L.P. | |||||
2 | Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds (see instructions)
WC, OO | |||||
5 | Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6 | Citizenship or place of organization
Cayman Islands | |||||
Number of shares beneficially owned by each reporting person with
|
7 | Sole voting power
0 | ||||
8 | Shared voting power
1,211,778 | |||||
9 | Sole dispositive power
0 | |||||
10 | Shared dispositive power
1,211,778 | |||||
11 |
Aggregate amount beneficially owned by each reporting person
1,211,778 | |||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
| |||||
13 | Percent of class represented by amount in Row (11)
3.1%(1) | |||||
14 | Type of reporting person (see instructions)
PN |
(1) | Based on information provided by the Issuer, the number of shares and ownership percentage assume that there were 38,941,136 shares of Common Stock outstanding as of October 1, 2013. |
CUSIP No. 277461406 |
1 | Names of reporting persons
BlueMountain Long/Short Credit GP, LLC | |||||
2 | Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds (see instructions)
WC, OO | |||||
5 | Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6 | Citizenship or place of organization
Delaware, United States of America | |||||
Number of shares beneficially owned by each reporting person with
|
7 | Sole voting power
0 | ||||
8 | Shared voting power
1,211,778 | |||||
9 | Sole dispositive power
0 | |||||
10 | Shared dispositive power
1,211,778 | |||||
11 |
Aggregate amount beneficially owned by each reporting person
1,211,778 | |||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
| |||||
13 | Percent of class represented by amount in Row (11)
3.1%(1) | |||||
14 | Type of reporting person (see instructions)
OO |
(1) | Based on information provided by the Issuer, the number of shares and ownership percentage assume that there were 38,941,136 shares of Common Stock outstanding as of October 1, 2013. |
CUSIP No. 277461406 |
1 | Names of reporting persons
BlueMountain Distressed Master Fund L.P. | |||||
2 | Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds (see instructions)
WC, OO | |||||
5 | Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6 | Citizenship or place of organization
Cayman Islands | |||||
Number of shares beneficially owned by each reporting person with
|
7 | Sole voting power
0 | ||||
8 | Shared voting power
365,782 | |||||
9 | Sole dispositive power
0 | |||||
10 | Shared dispositive power
365,782 | |||||
11 |
Aggregate amount beneficially owned by each reporting person
365,782 | |||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
| |||||
13 | Percent of class represented by amount in Row (11)
0.9%(1) | |||||
14 | Type of reporting person (see instructions)
PN |
(1) | Based on information provided by the Issuer, the number of shares and ownership percentage assume that there were 38,941,136 shares of Common Stock outstanding as of October 1, 2013. |
CUSIP No. 277461406 |
1 | Names of reporting persons
BlueMountain Distressed GP, LLC | |||||
2 | Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds (see instructions)
WC, OO | |||||
5 | Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6 | Citizenship or place of organization
Delaware, United States of America | |||||
Number of shares beneficially owned by each reporting person with
|
7 | Sole voting power
0 | ||||
8 | Shared voting power
365,782 | |||||
9 | Sole dispositive power
0 | |||||
10 | Shared dispositive power
365,782 | |||||
11 |
Aggregate amount beneficially owned by each reporting person
365,782 | |||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
| |||||
13 | Percent of class represented by amount in Row (11)
0.9%(1) | |||||
14 | Type of reporting person (see instructions)
OO |
(1) | Based on information provided by the Issuer, the number of shares and ownership percentage assume that there were 38,941,136 shares of Common Stock outstanding as of October 1, 2013. |
CUSIP No. 277461406 |
1 | Names of reporting persons
BlueMountain Strategic Credit Master Fund L.P. | |||||
2 | Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds (see instructions)
WC, OO | |||||
5 | Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6 | Citizenship or place of organization
Cayman Islands | |||||
Number of shares beneficially owned by each reporting person with
|
7 | Sole voting power
0 | ||||
8 | Shared voting power
274,041 | |||||
9 | Sole dispositive power
0 | |||||
10 | Shared dispositive power
274,041 | |||||
11 |
Aggregate amount beneficially owned by each reporting person
274,041 | |||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
| |||||
13 | Percent of class represented by amount in Row (11)
0.7%(1) | |||||
14 | Type of reporting person (see instructions)
PN |
(1) | Based on information provided by the Issuer, the number of shares and ownership percentage assume that there were 38,941,136 shares of Common Stock outstanding as of October 1, 2013. |
CUSIP No. 277461406 |
1 | Names of reporting persons
BlueMountain Strategic Credit GP, LLC | |||||
2 | Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds (see instructions)
WC, OO | |||||
5 | Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6 | Citizenship or place of organization
Delaware, United States of America | |||||
Number of shares beneficially owned by each reporting person with
|
7 | Sole voting power
0 | ||||
8 | Shared voting power
274,041 | |||||
9 | Sole dispositive power
0 | |||||
10 | Shared dispositive power
274,041 | |||||
11 |
Aggregate amount beneficially owned by each reporting person
274,041 | |||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
| |||||
13 | Percent of class represented by amount in Row (11)
0.7%(1) | |||||
14 | Type of reporting person (see instructions)
OO |
(1) | Based on information provided by the Issuer, the number of shares and ownership percentage assume that there were 38,941,136 shares of Common Stock outstanding as of October 1, 2013. |
CUSIP No. 277461406 |
1 | Names of reporting persons
BlueMountain Timberline Ltd. | |||||
2 | Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds (see instructions)
WC, OO | |||||
5 | Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6 | Citizenship or place of organization
Cayman Islands | |||||
Number of shares beneficially owned by each reporting person with
|
7 | Sole voting power
0 | ||||
8 | Shared voting power
336,423 | |||||
9 | Sole dispositive power
0 | |||||
10 | Shared dispositive power
336,423 | |||||
11 |
Aggregate amount beneficially owned by each reporting person
336,423 | |||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
| |||||
13 | Percent of class represented by amount in Row (11)
0.9%(1) | |||||
14 | Type of reporting person (see instructions)
CO |
(1) | Based on information provided by the Issuer, the number of shares and ownership percentage assume that there were 38,941,136 shares of Common Stock outstanding as of October 1, 2013. |
CUSIP No. 277461406 |
1 | Names of reporting persons
BlueMountain Credit Opportunities Master Fund I L.P. | |||||
2 | Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds (see instructions)
WC, OO | |||||
5 | Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6 | Citizenship or place of organization
Cayman Islands | |||||
Number of shares beneficially owned by each reporting person with
|
7 | Sole voting power
0 | ||||
8 | Shared voting power
1,973,794 | |||||
9 | Sole dispositive power
0 | |||||
10 | Shared dispositive power
1,973,794 | |||||
11 |
Aggregate amount beneficially owned by each reporting person
1,973,794 | |||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
| |||||
13 | Percent of class represented by amount in Row (11)
5.1%(1) | |||||
14 | Type of reporting person (see instructions)
PN |
(1) | Based on information provided by the Issuer, the number of shares and ownership percentage assume that there were 38,941,136 shares of Common Stock outstanding as of October 1, 2013. |
CUSIP No. 277461406 |
1 | Names of reporting persons
BlueMountain Credit Opportunities GP I, LLC | |||||
2 | Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds (see instructions)
WC, OO | |||||
5 | Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6 | Citizenship or place of organization
Delaware, United States of America | |||||
Number of shares beneficially owned by each reporting person with
|
7 | Sole voting power
0 | ||||
8 | Shared voting power
1,973,794 | |||||
9 | Sole dispositive power
0 | |||||
10 | Shared dispositive power
1,973,794 | |||||
11 |
Aggregate amount beneficially owned by each reporting person
1,973,794 | |||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
| |||||
13 | Percent of class represented by amount in Row (11)
5.1%(1) | |||||
14 | Type of reporting person (see instructions)
OO |
(1) | Based on information provided by the Issuer, the number of shares and ownership percentage assume that there were 38,941,136 shares of Common Stock outstanding as of October 1, 2013. |
CUSIP No. 277461406 |
1 | Names of reporting persons
BlueMountain Kicking Horse Fund L.P. | |||||
2 | Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds (see instructions)
WC, OO | |||||
5 | Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6 | Citizenship or place of organization
Cayman Islands | |||||
Number of shares beneficially owned by each reporting person with
|
7 | Sole voting power
0 | ||||
8 | Shared voting power
260,700 | |||||
9 | Sole dispositive power
0 | |||||
10 | Shared dispositive power
260,700 | |||||
11 |
Aggregate amount beneficially owned by each reporting person
260,700 | |||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
| |||||
13 | Percent of class represented by amount in Row (11)
0.7%(1) | |||||
14 | Type of reporting person (see instructions)
PN |
(1) | Based on information provided by the Issuer, the number of shares and ownership percentage assume that there were 38,941,136 shares of Common Stock outstanding as of October 1, 2013. |
CUSIP No. 277461406 |
1 | Names of reporting persons
BlueMountain Kicking Horse Fund GP, LLC | |||||
2 | Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds (see instructions)
WC, OO | |||||
5 | Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6 | Citizenship or place of organization
Delaware, United States of America | |||||
Number of shares beneficially owned by each reporting person with
|
7 | Sole voting power
0 | ||||
8 | Shared voting power
260,700 | |||||
9 | Sole dispositive power
0 | |||||
10 | Shared dispositive power
260,700 | |||||
11 |
Aggregate amount beneficially owned by each reporting person
260,700 | |||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
| |||||
13 | Percent of class represented by amount in Row (11)
0.7%(1) | |||||
14 | Type of reporting person (see instructions)
OO |
(1) | Based on information provided by the Issuer, the number of shares and ownership percentage assume that there were 38,941,136 shares of Common Stock outstanding as of October 1, 2013. |
CUSIP No. 277461406 |
1 | Names of reporting persons
AAI BlueMountain Fund PLC* | |||||
2 | Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds (see instructions)
WC, OO | |||||
5 | Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6 | Citizenship or place of organization
Ireland | |||||
Number of shares beneficially owned by each reporting person with
|
7 | Sole voting power
0 | ||||
8 | Shared voting power
177,411 | |||||
9 | Sole dispositive power
0 | |||||
10 | Shared dispositive power
177,411 | |||||
11 |
Aggregate amount beneficially owned by each reporting person
177,411 | |||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
| |||||
13 | Percent of class represented by amount in Row (11)
0.5%(1) | |||||
14 | Type of reporting person (see instructions)
CO |
* | The shares of Common Stock are owned by BlueMountain Long/Short Credit and Distressed Reflection Fund, a sub-fund of AAI BlueMountain Fund Plc. |
(1) | Based on information provided by the Issuer, the number of shares and ownership percentage assume that there were 38,941,136 shares of Common Stock outstanding as of October 1, 2013. |
CUSIP No. 277461406 |
1 | Names of reporting persons
BlueMountain Montenvers Master Fund SCA SICAV-SIF | |||||
2 | Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds (see instructions)
WC, OO | |||||
5 | Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6 | Citizenship or place of organization
Luxembourg | |||||
Number of shares beneficially owned by each reporting person with
|
7 | Sole voting power
0 | ||||
8 | Shared voting power
190,074 | |||||
9 | Sole dispositive power
0 | |||||
10 | Shared dispositive power
190,074 | |||||
11 |
Aggregate amount beneficially owned by each reporting person
190,074 | |||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
| |||||
13 | Percent of class represented by amount in Row (11)
0.5%(1) | |||||
14 | Type of reporting person (see instructions)
PN |
(1) | Based on information provided by the Issuer, the number of shares and ownership percentage assume that there were 38,941,136 shares of Common Stock outstanding as of October 1, 2013. |
CUSIP No. 277461406 |
1 | Names of reporting persons
BlueMountain Montenvers GP S.à r.l. | |||||
2 | Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds (see instructions)
WC, OO | |||||
5 | Check if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6 | Citizenship or place of organization
Luxembourg | |||||
Number of shares beneficially owned by each reporting person with
|
7 | Sole voting power
0 | ||||
8 | Shared voting power
190,074 | |||||
9 | Sole dispositive power
0 | |||||
10 | Shared dispositive power
190,074 | |||||
11 |
Aggregate amount beneficially owned by each reporting person
190,074 | |||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
| |||||
13 | Percent of class represented by amount in Row (11)
0.5%(1) | |||||
14 | Type of reporting person (see instructions)
CO |
(1) | Based on information provided by the Issuer, the number of shares and ownership percentage assume that there were 38,941,136 shares of Common Stock outstanding as of October 1, 2013. |
CUSIP No. 277461406
Item 1. Security of the Issuer.
This Amendment No. 1 (Amendment No. 1) to Schedule 13D relates to the common stock, par value $0.01 per share (the Common Stock), of Eastman Kodak Company, a New Jersey corporation (the Issuer) and amends the initial statement on Schedule 13D filed on September 13, 2013 (the Schedule 13D). Capitalized terms used but not defined in this Amendment No. 1 have the same meanings ascribed to them in the Schedule 13D.
Item 2. Identity and Background.
Item 2 of Schedule 13D is hereby amended by adding the following:
(d) None of the Reporting Persons or any of their respective executive officers, directors or control persons has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) None of the Reporting Persons or any of their respective executive officers, directors or control persons has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f) Each of the Reporting Persons executive officers, directors or control persons is a United States citizen, except for Elli Stevens who is a British citizen.
Item 3. Source and Amount of Funds or Other Consideration
Item 3 of Schedule 13D is hereby amended by adding the following:
Pursuant to the Plan, the Issuer issued to the BlueMountain Funds, on September 30, 2013, an aggregate of an additional 599,655 shares of Common Stock and, on October 1, 2013, mandatorily net-share settled warrants to purchase an aggregate of (i) 208,375 of Common Stock at an exercise price of $14.93 per share and (ii) 208,375 shares of Common Stock at an exercise price of $16.12 per share. The additional shares of Common Stock and the warrants were issued in connection with distributions to the BlueMountain Funds as former unsecured creditors on account of their unsecured claims against the Debtors outstanding immediately prior to the effectiveness of the Plan.
Item 4. Purpose of Transaction.
Item 4 of Schedule 13D is hereby amended by adding the following:
The warrants are issued pursuant to the warrant agreement, dated as of September 3, 2013 (the Warrant Agreement), between the Issuer and ComputerShare Trust Company, N.A. and ComputerShare Inc., as warrant agent.
The warrants are currently exercisable, and all unexercised warrants will expire at the close of business on September 3, 2018.
The number of shares of Common Stock for which a warrant is exercisable and the exercise price of such warrant are subject to adjustment from time to time pursuant to the warrant agreement upon the occurrence of certain events, including, but not limited to, the payment of dividends to the holders of Common Stock; a subdivision of the outstanding shares of Common Stock into a larger number of shares of Common Stock or a combination of the outstanding shares of Common Stock into a smaller number of shares of Common Stock; the consummation of a tender offer or exchange offer for all or a portion of the Common Stock for consideration exceeding the fair market value of the Common Stock; or the distribution to the holders of Common Stock of rights to purchase Common Stock for a per-share price less than the fair market value of the Common Stock.
CUSIP No. 277461406
Upon the occurrence of certain events constituting a reorganization, recapitalization, reclassification, consolidation, merger or similar event, each holder of a warrant will, at the election of the Issuer, have the right to receive, upon exercise of a warrant, an amount of securities, cash or other property (Consideration) received in connection with such event with respect to or in exchange for the number of shares of Common Stock for which such warrant is exercisable immediately prior to such event, provided that, at the Issuers election upon the occurrence of such event, the Issuer may pay to such holder a cash amount equal to the fair market value of such Consideration (other than publicly held stock) received in connection with such event with respect to or in exchange for the number of shares of Common Stock for which such warrant is exercisable immediately prior to such event, and, to the extent the Consideration received in connection with such event includes publicly held stock, such warrant will remain outstanding and will be exercisable for such publicly held stock, as adjusted pursuant to the warrant agreement.
The foregoing description of the warrant agreement is not intended to be complete and is qualified in its entirety by the full text of the Warrant Agreement, which has been filed as Exhibit 5 hereto and incorporated by reference herein.
Item 5. Interest in Securities of the Issuer.
Items 5(a-b) are hereby deleted and replaced with the following:
Based on information provided by the Issuer, the following disclosure assumes that there were 38,941,136 shares of Common Stock outstanding as of October 1, 2013. The information provided below includes 416,750 shares of Common Stock issuable upon exercise of mandatorily net-share settled warrants to purchase Common Stock held by the BlueMountain Funds based on a closing price of $25.65 per share of Common Stock as of October 1, 2013.
The 7,884,905 shares of Common Stock beneficially owned, in the aggregate, by the BlueMountain Funds as of October 1, 2013, represent approximately 20.2% of the issued and outstanding shares of Common Stock of the Issuer, with such percentage calculated in accordance with Rule 13d-3 under the Securities Exchange Act of 1934, as amended.
As of the date hereof, (i) Credit Alternatives directly holds 2,931,320 shares of Common Stock, (ii) Long/Short Credit directly holds 1,147,730 shares of Common Stock, (iii) Distressed directly holds 346,452 shares of Common Stock, (iv) Strategic Credit directly holds 259,557 shares of Common Stock, (v) Kicking Horse directly holds 246,922 shares of Common Stock, (vi) COF directly holds 1,869,468 shares of Common Stock, (vii) Montenvers directly holds 180,028 shares of Common Stock, (viii) Timberline directly holds 318,643 shares of Common Stock and (ix) AAI directly owns 168,035 shares of Common Stock.
As of the date hereof, (i) Credit Alternatives directly holds net-share settled warrants to purchase (A) 81,791 shares of Common Stock at an exercise price of $14.93 per share and (B) 81,791 shares of Common Stock at an exercise price of $16.12 per share, (ii) Long/Short Credit directly holds net-share settled warrants to purchase (A) 32,024 shares of Common Stock at an exercise price of $14.93 per share and (B) 32,024 shares of Common Stock at an exercise price of $16.12 per share, (iii) Distressed directly holds net-share settled warrants to purchase (A) 9,665 shares of Common Stock at an exercise price of $14.93 per share and (B) 9,665 shares of Common Stock at an exercise price of $16.12 per share, (iv) Strategic Credit directly holds net-share settled warrants to purchase (A) 7,242 shares of Common Stock at an exercise price of $14.93 per share and (B) 7,242 shares of Common Stock at an exercise price of $16.12 per share, (v) Kicking Horse directly holds net-share settled warrants to purchase (A) 6,889 shares of Common Stock at an exercise price of $14.93 per share and (B) 6,889 shares of Common Stock at an exercise price of $16.12 per share, (vi) COF directly holds net-share settled warrants to purchase (A) 52,163 shares of Common Stock at an exercise price of $14.93 per share and (B) 52,163 shares of Common Stock at an exercise price of $16.12 per share, (vii) Montenvers directly holds net-share settled warrants to purchase (A) 5,023 shares of Common Stock at an exercise price of $14.93 per share and (B) 5,023 shares of Common Stock at an exercise price of $16.12 per share, (viii) Timberline directly holds net-share settled warrants to purchase (A) 8,890 shares of Common Stock at an exercise price of $14.93 per share and (B) 8,890 shares of Common Stock at an exercise price of $16.12 per share and (ix) AAI directly holds net-share settled warrants to purchase (A) 4,688 shares of Common Stock at an exercise price of $14.93 per share and (B) 4,688 shares of Common Stock at an exercise price of $16.12 per share.
CUSIP No. 277461406
The Investment Manager, each General Partner and the Ultimate General Partner, each expressly declare that this filing shall not be construed as an admission that each is, for the purposes of sections 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended, the beneficial owner of any securities covered by this filing.
None of the Reporting Persons beneficially own any other shares of Common Stock of the Issuer.
Item 5 of Schedule 13D is hereby further amended by adding the following:
The information set forth in Item 3 and Item 4 of this Amendment No. 1 is hereby incorporated by reference in this Item 5.
Item 6. | Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. |
Item 6 of Schedule 13D is hereby amended by adding the following:
The information set forth in Item 3 and Item 4 of this Amendment No. 1 is hereby incorporated by reference in this Item 6.
Item 7. Material to be Filed as Exhibits.
4. | Joint Filing Agreement dated October 8, 2013. |
5. | Warrant Agreement, dated as of September 3, 2013, between Eastman Kodak Company and ComputerShare Trust Company, N.A. and ComputerShare Inc., as Warrant Agent (incorporated by reference from Eastman Kodak Companys Registration Statement on Form 8-A, filed with the Securities and Exchange Commission on September 3, 2013). |
SIGNATURES
After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement with respect to the undersigned is true, complete and correct.
Date: October 8, 2013
BLUEMOUNTAIN CAPITAL MANAGEMENT, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer | |
BLUEMOUNTAIN GP HOLDINGS, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer | |
BLUE MOUNTAIN CREDIT ALTERNATIVES MASTER FUND L.P. | ||
BY: BLUE MOUNTAIN CA MASTER FUND GP, LTD. | ||
By: | /s/ ANDREW FELDSTEIN | |
Name: | Andrew Feldstein, Director | |
BLUE MOUNTAIN CA MASTER FUND GP, LTD. | ||
By: | /s/ ANDREW FELDSTEIN | |
Name: | Andrew Feldstein, Director | |
BLUEMOUNTAIN LONG/SHORT CREDIT MASTER FUND L.P. | ||
BY: BLUEMOUNTAIN LONG/SHORT CREDIT GP, LLC | ||
BY: BLUEMOUNTAIN GP HOLDINGS, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer | |
BLUEMOUNTAIN LONG/SHORT CREDIT GP, LLC | ||
BY: BLUEMOUNTAIN GP HOLDINGS, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer |
BLUEMOUNTAIN DISTRESSED MASTER FUND L.P. | ||
BY: BLUEMOUNTAIN DISTRESSED GP, LLC | ||
BY: BLUEMOUNTAIN GP HOLDINGS, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer | |
BLUEMOUNTAIN DISTRESSED GP, LLC | ||
BY: BLUEMOUNTAIN GP HOLDINGS, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer | |
BLUEMOUNTAIN KICKING HORSE FUND L.P. | ||
BY: BLUEMOUNTAIN KICKING HORSE FUND GP, LLC | ||
BY: BLUEMOUNTAIN GP HOLDINGS, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer | |
BLUEMOUNTAIN KICKING HORSE FUND GP, LLC | ||
BY: BLUEMOUNTAIN GP HOLDINGS, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer | |
BLUEMOUNTAIN CREDIT OPPORTUNITIES MASTER FUND I L.P. | ||
BY: BLUEMOUNTAIN CREDIT OPPORTUNITIES GP I, LLC | ||
BY: BLUEMOUNTAIN GP HOLDINGS, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer | |
BLUEMOUNTAIN CREDIT OPPORTUNITIES GP I, LLC | ||
BY: BLUEMOUNTAIN GP HOLDINGS, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer |
BLUEMOUNTAIN TIMBERLINE LTD. | ||
By: | /s/ ANDREW FELDSTEIN | |
Name: | Andrew Feldstein, Director | |
BLUEMOUNTAIN LONG/SHORT CREDIT AND DISTRESSED REFLECTION FUND, A SUB-FUND OF AAI BLUEMOUNTAIN FUND PLC | ||
BY: BLUEMOUNTAIN CAPITAL MANAGEMENT, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer | |
BLUEMOUNTAIN MONTENVERS MASTER FUND SCA SICAV-SIF | ||
BY: BLUEMOUNTAIN MONTENVERS GP S.à r.l. | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Authorized Person | |
BLUEMOUNTAIN MONTENVERS GP S.à r.l. | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Authorized Person |
The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of the filing person), evidence of the representatives authority to sign on behalf of such person shall be filed with the statement; provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001)
EXHIBIT 4
JOINT FILING AGREEMENT
The undersigned agree that the Amendment No. 1 to the Schedule 13D with respect to the Common Stock, par value $0.01 per share, of Eastman Kodak Company, dated as of October 8, 2013, is, and any amendments thereto (including amendments on Schedule 13G) signed by each of the undersigned shall be, filed on behalf of each of them pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.
DATED: October 8, 2013
BLUEMOUNTAIN CAPITAL MANAGEMENT, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer | |
BLUEMOUNTAIN GP HOLDINGS, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer | |
BLUE MOUNTAIN CREDIT ALTERNATIVES MASTER FUND L.P. | ||
BY: BLUE MOUNTAIN CA MASTER FUND GP, LTD. | ||
By: | /s/ ANDREW FELDSTEIN | |
Name: | Andrew Feldstein, Director | |
BLUE MOUNTAIN CA MASTER FUND GP, LTD. | ||
By: | /s/ ANDREW FELDSTEIN | |
Name: | Andrew Feldstein, Director | |
BLUEMOUNTAIN LONG/SHORT CREDIT MASTER FUND L.P. | ||
BY: BLUEMOUNTAIN LONG/SHORT CREDIT GP, LLC | ||
BY: BLUEMOUNTAIN GP HOLDINGS, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer |
BLUEMOUNTAIN LONG/SHORT CREDIT GP, LLC | ||
BY: BLUEMOUNTAIN GP HOLDINGS, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer | |
BLUEMOUNTAIN DISTRESSED MASTER FUND L.P. | ||
BY: BLUEMOUNTAIN DISTRESSED GP, LLC BY: BLUEMOUNTAIN GP HOLDINGS, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer | |
BLUEMOUNTAIN DISTRESSED GP, LLC | ||
BY: BLUEMOUNTAIN GP HOLDINGS, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer | |
BLUEMOUNTAIN KICKING HORSE FUND L.P. | ||
BY: BLUEMOUNTAIN KICKING HORSE FUND GP, LLC BY: BLUEMOUNTAIN GP HOLDINGS, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer | |
BLUEMOUNTAIN KICKING HORSE FUND GP, LLC BY: BLUEMOUNTAIN GP HOLDINGS, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer | |
BLUEMOUNTAIN CREDIT OPPORTUNITIES MASTER FUND I L.P. BY: BLUEMOUNTAIN CREDIT OPPORTUNITIES GP I, LLC BY: BLUEMOUNTAIN GP HOLDINGS, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer |
BLUEMOUNTAIN CREDIT OPPORTUNITIES GP I, LLC | ||
BY: BLUEMOUNTAIN GP HOLDINGS, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer | |
BLUEMOUNTAIN TIMBERLINE LTD. | ||
By: | /s/ ANDREW FELDSTEIN | |
Name: | Andrew Feldstein, Director | |
BLUEMOUNTAIN LONG/SHORT CREDIT AND DISTRESSED REFLECTION FUND, A SUB-FUND OF AAI BLUEMOUNTAIN FUND PLC BY: BLUEMOUNTAIN CAPITAL MANAGEMENT, LLC | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Chief Compliance Officer | |
BLUEMOUNTAIN MONTENVERS MASTER FUND SCA SICAV-SIF BY: BLUEMOUNTAIN MONTENVERS GP S.à r.l. | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Authorized Person | |
BLUEMOUNTAIN MONTENVERS GP S.à r.l. | ||
By: | /s/ PAUL FRIEDMAN | |
Name: | Paul Friedman, Authorized Person |