SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

_______________

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 2)

 

 

Eastman Kodak Company

(Name of Issuer)

 

Common Stock, $0.01 par value per share

(Title of Class of Securities)

 

277461 40 6

(CUSIP Number)

 

George Karfunkel

1671 52nd Street

Brooklyn, NY 11204

(917) 836-3640

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

July 29, 2020

(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 Rule 13d-1(e), 13d-1(f) or 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 person’s 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 (“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 13D Page 2 of 5 Pages

 

 

1

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

George Karfunkel

 

 
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

 

(a) x

(b) ¨

3

SEC USE ONLY

 

 

 
4

SOURCE OF FUNDS

 

PF

 
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)

 

¨

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States

 

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

3,317,115

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

3,317,115

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,317,115

 

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

 

¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

4.4%

 

 
14

TYPE OF REPORTING PERSON

 

IN

 
         

 

 

CUSIP No. 277461406 13D Page 3 of 5 Pages

 

 

1

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

Renee Karfunkel

 

 
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

 

(a) x

(b) ¨

3

SEC USE ONLY

 

 

 
4

SOURCE OF FUNDS

 

PF

 
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)

 

¨

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States

 

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

3,317,115

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

3,317,115

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,317,115

 

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

 

¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

4.4%

 

 
14

TYPE OF REPORTING PERSON

 

IN

 

 

 

       

 

CUSIP No. 277461406 13D Page 4 of 5 Pages

 

 

Item 1.

Security and Issuer.

 

This Amendment No. 2 to Schedule 13D (“Amendment No. 2”) relates to the common stock, $0.01 par value per share (the “Common Stock”), of Eastman Kodak Company, a New Jersey corporation (the “Issuer”), and amends and supplements the initial statement on Schedule 13D filed on May 18, 2017, as amended and supplemented by the Schedule 13D/A filed on December 6, 2019 (the “Schedule 13D”). The purpose of this filing is to report a disposition of Common Stock. Except as specifically amended and supplemented by this Amendment No. 2, the Schedule 13D remains in full force and effect. Capitalized terms used but not defined in this Amendment No. 2 have the same meanings ascribed to them in the Schedule 13D.

 

Item 4. Purpose of Transaction.

 

The purpose of this filing is to report the updated beneficial ownership of the Group as a result of a donation of 3,000,000 shares of the Issuer’s Common Stock to Congregation Chemdas Yisroel on July 29, 2020.

 

The Group holds the Common Stock for investment purposes. George Karfunkel serves as a member of the Board of Directors of the Issuer. As such, he participates in the planning and decisions of the Board of Directors and management of the Issuer. The Group may from time to time develop plans respecting, or propose changes in, the management, composition of the Board of Directors, operations, capital structure or business of the Issuer. Depending upon market conditions and other factors that the Group deems material, they may purchase additional Common Stock or other securities of the Issuer in the open market, private transactions or from the Issuer, or may dispose of all or a portion of the Common Stock or other securities of the Issuer that they now own or may hereafter acquire. Except as described above, the Group does not have any present plans or proposals that relate to, or that would result in, any of the events described in paragraphs (a) to (j) of Item 4 of Schedule 13D. The Group reserves the right to formulate plans or make proposals, and to take any actions with respect to their investments in the Issuer, including any or all of the actions described in paragraphs (a) to (j) of Item 4 of Schedule 13D.

 

Item 5. Interest in Securities of the Issuer.

 

(a) All percentages set forth in this Schedule 13D are based on the Issuer’s 75,494,534 shares of Common Stock outstanding as of July 31, 2020, as reported on the Issuer’s Form 8-K filed with the Securities and Exchange Commission on August 3, 2020 (the “Form 8-K”). The information set forth in rows 7-13 of each Cover Page of this Amendment No. 2 is hereby incorporated by reference. Mr. Karfunkel also holds 31,451 125% Warrants, 31,451 135% Warrants, and 25,053 stock options that are exercisable either currently or within the next 60 days.

 

(b) The Group has shared power to vote or to direct the vote and shared power to dispose or to direct the disposition with respect to 3,317,115 shares of Common Stock.

 

(c) Except as described in Item 4, the Group has not effected any transaction in shares of Common Stock or Warrants during the 60 days preceding the date of this filing.

 

(d) Not applicable.

 

(e) Based on the number of shares of Common Stock outstanding as of July 31, 2020, as reported in the 8-K, on July 31, 2020, the Group ceased to be the owner of more than five percent of the Common Stock.

 

CUSIP No. 277461406 13D Page 5 of 5 Pages

 

 

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

August 3, 2020

 

 

  /s/ George Karfunkel
  George Karfunkel
   
  /s/ Renee Karfunkel
  Renee Karfunkel

 

 

 

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