Kodak 2004 Annual Report Download - page 144
Download and view the complete annual report
Please find page 144 of the 2004 Kodak annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Compensation
35
E A S T M A N K OD A K C O M PA N Y
(d)Theawardsshownrepresentgrantsofrestrictedstockorrestrictedstockunitsvaluedasofthedateofgrant.Dividendsarepaidontherestrictedsharesand
restrictedunitsasandwhendividendsarepaidonKodakcommonstock.TherestrictionsontheawardsgrantedundertheExecutiveIncentiveProgramlapsedon
December31,2003.
D.A.Carp–For2002,100,000sharesgrantedasaretention-basedaward,valuedonDecember2,2002at$36.73pershare,and18,611sharesgrantedasan
interimawardundertheExecutiveIncentiveProgram,valuedonFebruary18,2003at$30.95pershare.
A.M.Perez–For2003,100,000sharesgrantedasasigningbonus,valuedonApril2,2003at$30.97pershare,and50,000sharesgrantedasaretention-based
award,valuedonOctober1,2003at$20.93pershare.
R.H.Brust–For2002,5,000sharesgrantedasaretention-basedaward,valuedonDecember2,2002at$36.73pershare,and7,771sharesgrantedasaninterim
awardundertheExecutiveIncentiveProgram,valuedonFebruary18,2003at$30.95pershare.
J.T.Langley–For2003,15,000sharesgrantedasasigningbonus,valuedonOctober1,2003at$20.93pershare.
B.V.Masson–For2003,20,000sharesgrantedasaretentionaward,valuedonOctober21,2003at$23.64pershare.
ThetotalnumberandvalueofrestrictedstockheldasofDecember31,2004foreachnamedindividual(valuedat$32.25pershare)were:D.A.Carp–146,315
shares–$4,718,659;A.M.Perez–150,000shares–$4,837,500;R.H.Brust–19,390shares–$625,328;J.T.Langley–15,000shares–$483,750;and
B.V.Masson–20,000shares–$645,000.
(e) Theamountsfor2004representgrantsmadeinthefourthquarterof2004undertheofficerstockoptionprogram.OnApril2,2003,A.M.Perezreceivedstockop-
tionstopurchase500,000sharesasasign-onbonus.Theremainingamountsfor2003representgrantsmadeinthefourthquarterof2003undertheofficerstock
optionprogram.Theamountsfor2002representgrantsmadeunderthemanagementstockoptionprogram.
(f) Noawardswerepaidfortheperiods2001-2003and2000-2002underthePerformanceStockProgram.Theamountsshownarethevalueofthefinalawardspaidun-
dertheExecutiveIncentivePlanofthe2002-2004performancecycleofthePerformanceStockProgrambasedonperformanceovertheperiod2002-2003,computed
asofthedateoftheaward,February17,2004,at$29.07pershare:D.A.Carp–30,398;A.M.Perez–16,474;R.H.Brust–12,693;andB.V.Masson–8,614.The
awardswerepaidinsharesofKodakcommonstock.
(g) ForR.H.Brustfor2004,theamountrepresents$509,800ofprincipalandinterestforgiveninconnectionwiththeloanfromtheCompanydescribedonpage33and
$78,264astheCompanycontributioninthecashbalancefeatureoftheKodakRetirementIncomePlan;for2003,theamountrepresents$428,100ofprincipaland
interestforgiveninconnectionwiththeloanand$79,898astheCompanycontributioninthecashbalancefeature;for2002,theamountrepresents$446,400ofprin-
cipalandinterestforgiveninconnectionwiththeloanand$41,639astheCompanycontributioninthecashbalancefeature.ForA.M.Perez,J.T.Langleyand
B.V.Masson,theamountsrepresenttheCompanycontributioninthecashbalancefeature.