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)
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               141,557 (1) 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) $ 30.96               (2) 04/01/2013 common stock 500,000   500,000 D  
Option (right to buy) $ 24.49               (3) 11/18/2010 common stock 51,500   51,500 D  
Option (right to buy) $ 31.71               (3) 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) (4) $ 24.75               (3) 12/06/2012 Common Stock 135,000   135,000 D  
Option (right to buy) (4) $ 25.88               (3) 12/11/2013 Common Stock 314,530   314,530 D  
Stock Units (5)               (7)   (7) Common Stock 17,190.8   17,190.8 D  
Stock Units (5)               (7)   (7) Common Stock 28,097.97 (8)   28,097.97 (8) D  
Resticted Stock Units (5)               (7)   (7) common stock 25,000 (9)   25,000 (9) D  
Restricted Stock Units (10) (5) 12/14/2006   A   172.46 (6)   12/31/2006(11) 12/31/2006(11) Common Stock 172.46 $ 0 18,225.95 D  
Stock Units (12) (5) 12/31/2006   F     264.28 (13)   (7)   (7) Common Stock 264.28 $ 0 17,961.67 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   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) Some of these shares are restricted.
(2) 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.
(3) These options vest one-third on each of the first three anniversaries of the date of grant.
(4) Stock option granted under the 2005 Omnibus Long-Term Compensaton Plan.
(5) These units convert on a one-to-one basis.
(6) These units were credited to the reporting person's account as dividend equivalents.
(7) This date is not applicable to these units.
(8) 25,000 of 50,000 RSUs lapsed. This total included dividend equivalents reported separately which were not resticted.
(9) Balance of RSUs that lapsed on 10-1-06
(10) Theses units granted under the 2000 Omnibus Long-Term Compensation Plan; Leadership Stock Program, 2004-2005 cycle.
(11) This is the date these restricted stock units will vest.
(12) Vesting and distribution of shares of the Leadership Stock Program, 2004-2005 cycle.
(13) Payment of withholding taxes.

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