Company: KODK
Filing Date: 2025-03-17
Form Type: 10-K
Source: 0000950170-25-040256
Chunk: 157

Company: EASTMAN KODAK CO
Filing Date: 2025-03-17
Form: 10-K
Item: Item 1B
Chunk 157
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1,897,700

        $
        4.36

       In addition to the outstanding unvested restricted stock units and awards per the above table, there are also 443,057 vested restricted stock units outstanding as of December 31, 2024 with a weighted average grant date fair value of $5.80.Stock OptionsThe following table summarizes information about stock option activity for the year ended December 31, 2024: 

        Average

        Weighted

        Remaining

        Aggregate

        Shares

        Exercise

        Contractual

        Intrinsic

        Under

        Price

        Life

        Value

        Option

        Per Share

        (Years)

        ($ millions)

        Outstanding on December 31, 2023

        6,748,108

        $
        6.75

        Granted

        —

        $
        —

        Expired

        479,350

        $
        12.46

        Exercised

        46,441

        $
        3.53

        Outstanding on December 31, 2024

        6,222,317

        $
        6.34

        2.57

        $
        13

        Exercisable on December 31, 2024

        6,180,650

        $
        6.35

        2.55

        $
        13

        Expected to vest December 31, 2024

        6,222,317

        $
        6.34

        2.57

        $
        13

108

The aggregate intrinsic value represents the total pretax intrinsic value that option holders would have received had all option holders exercised their options on the last trading day of the year. The aggregate intrinsic value is the difference between the Kodak closing stock price on the last trading day of the year and the exercise price, multiplied by the number of in-the-money options. The intrinsic values of options outstanding, exercisable or expected to vest as of December 31, 2024 were each $13 million.There were no options granted in the years ended December 31, 2024 and 2022. The weighted average grant date fair value of options granted for the year ended December 31, 2023 was $2.87. The total fair value of options that vested during the years ended December 31, 2024, 2023 and