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 *
PEREZ ANTONIO M
  2. Issuer Name and Ticker or Trading Symbol
EASTMAN KODAK CO [EK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, Chairman & CEO
(Last)
(First)
(Middle)
343 STATE STREET
3. Date of Earliest Transaction (Month/Day/Year)
05/13/2011
(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 05/13/2011   P   26,667 A $ 3 203,921 D  

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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) $ 31.71               (2) 12/09/2011 Common Stock 90,130   90,130 D  
Option (right to buy) $ 26.47               (3) 05/31/2012 Common Stock 300,000   300,000 D  
Option (right to buy) (5) $ 24.75               (3) 12/06/2012 Common Stock 135,000   135,000 D  
Option (right to buy) $ 30.96               (1) 04/01/2013 common stock 500,000   500,000 D  
Option (right to buy) (5) $ 25.88               (3) 12/11/2013 Common Stock 314,530   314,530 D  
Option (right to buy) (5) $ 23.28               (3) 12/10/2014 Common Stock 397,460   397,460 D  
Option (right to buy) (5) $ 7.41               (3) 12/08/2015 Common Stock 751,540   751,540 D  
Option (right to buy) $ 4.54               (4) 10/13/2016 Common Stock 500,000   500,000 D  
Option (right to buy) $ 3.4               (3) 02/27/2018 Common Stock 705,732   705,732 D  
Stock Units (6)               (7)   (7) Common Stock 18,539.42   18,539.42 D  
Stock Units (6)               (7)   (7) Common Stock 56,886.41   56,886.41 D  
Stock Units (8) (6)               (7)   (7) Common Stock 19,370.2903   19,370.2903 D  
Restricted Stock Units (6)             12/31/2011(9) 12/31/2011(9) Common Stock 95,120   95,120 D  
Restricted Stock Units (6)               (10)   (10) Common Stock 1,048,370   1,048,370 D  
Restricted Stock Units (11) (6)             12/31/2011(9) 12/31/2011(9) Common Stock 159,359.293   159,359.293 D  
Restricted Stock Units (6)               (12)   (12) Common Stock 399,655   399,655 D  
Restricted Stock Units (6)             12/31/2013(9) 12/31/2013(9) Common Stock 248,009   248,009 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
PEREZ ANTONIO M
343 STATE STREET
ROCHESTER, NY 14650
  X     President, Chairman & CEO  

Signatures

 Patrick M. Sheller, as attorney-in-fact for Antonio M. Perez   05/17/2011
**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) Employee stock option granted under the 1997 Stock Option Plan in a transaction exempt under Rule 16b-3. One-half of the options vest on the second anniversary of the date of grant; the balance vest on the fifth anniversary.
(2) These options have vested.
(3) These options vest one-third on each of the first three anniversaries of the date of grant.
(4) One third vests on the 2nd anniversary of the grant date; one third vests on 3rd anniversary of the grant date; remaining third vests on the 4th anniversary of the grant date.
(5) Stock option granted under the 2005 Omnibus Long-Term Compensaton Plan.
(6) These units convert on a one-to-one basis.
(7) This date is not applicable to these units.
(8) These units granted under the 2000 Omnibus Long-Term Compensation Plan; Leadership Stock Program, 2004-2005 cycle.
(9) This is the date these restricted stock units will vest.
(10) These units vest 50% on both the 3rd and 4th anniversary of the grant date.
(11) These are units earned under the Company's Leadership Stock Program for the 2009 performance cycle.
(12) These units vest one-third on each of the first three anniversaries of the date of grant.

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