Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Hobert Kevin J
   2. Issuer Name and Ticker or Trading Symbol
EASTMAN KODAK CO [EK] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Senior Vice President
(Last)
(First)
(Middle)
343 STATE STREET		 3. Date of Earliest Transaction (Month/Day/Year)
12/31/2006
(Street)

ROCHESTER, NY 14650		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/31/2006   M   819.92 (1) A $ 0 819.92 D  
Common Stock 12/31/2006   F   277.91 (2) D $ 25.86 542.01 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option (right to buy) $ 30.39               (4) 10/14/2012 Common Stock 5,500   5,500 D  
Option (right to buy) $ 36.66               (4) 11/21/2012 Common Stock 3,000   3,000 D  
Option (right to buy) $ 26.46               (4) 05/11/2012 Common Stock 10,000   10,000 D  
Option (right to buy) $ 26.47               (4) 05/31/2012 Common Stock 46,250   46,250 D  
Option (right to buy) (3) $ 24.75               (4) 12/06/2012 Common Stock 12,400   12,400 D  
Option (right to buy) (3) $ 25.88               (4) 12/11/2013 Common Stock 15,890   15,890 D  
Restricted Stock Units (5) (6) 12/14/2006   A   7.76 (7)   12/31/2006(8) 12/31/2006(8) Common Stock 7.76 $ 0 819.92 D  
Common Stock (6) 12/31/2006   M     819.92   (9)   (9) Common Stock 819.92 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Hobert Kevin J
343 STATE STREET
ROCHESTER, NY 14650		       Senior Vice President  

Signatures

 Patrick M. Sheller, as attorney-in-fact for Kevin J. Hobert   01/03/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Vesting and distribution of shares of the Leadership Stock Program, 2004-2005 cycle.
(2) Payment of withholding taxes.
(3) Stock option granted under the 2005 Omnibus Long-Term Compensaton Plan.
(4) These options vest one-third on each of the first three anniversaries of the grant date.
(5) Theses units granted under the 2000 Omnibus Long-Term Compensation Plan; Leadership Stock Program, 2004-2005 cycle.
(6) These units convert on a one-for-one basis.
(7) These units were credited to the reporting person's account as dividend equivalents.
(8) This is the date these restricted stock units will vest.
(9) Not Applicable

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