AI assistant
CORNING INC /NY — Director's Dealing 2003
Oct 10, 2003
29942_dirs_2003-10-10_142ed69c-c32d-49be-929f-7b2e361275c0.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2003-10-01
Reporting Person: SCHNEIDER PAMELA C (Senior Vice President)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 80754.467 | Direct |
| Common Stock | 1266 | Indirect |
| Common Stock | 7324.7176 | Indirect |
| Common Stock | 6409.5817 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $3.80 | 2013-01-02 | Common Stock (83333) | Direct | |
| Stock Option (Right to Buy) | $4.06 | 2012-12-03 | Common Stock (83333) | Direct | |
| Stock Option (Right to Buy) | $4.15 | 2013-02-02 | Common Stock (83334) | Direct | |
| Stock Option (Right to Buy) | $7.74 | 2012-01-31 | Common Stock (137081) | Direct | |
| Stock Option (Right to Buy) | $8.70 | 2005-12-05 | Common Stock (32340) | Direct | |
| Stock Option (Right to Buy) | $9.38 | 2008-10-05 | Common Stock (46338) | Direct | |
| Stock Option (Right to Buy) | $9.95 | 2011-12-04 | Common Stock (139945) | Direct | |
| Stock Option (Right to Buy) | $11.77 | 2007-02-04 | Common Stock (9000) | Direct | |
| Stock Option (Right to Buy) | $15.28 | 2006-08-14 | Common Stock (179500) | Direct | |
| Stock Option (Right to Buy) | $7.74 | 2012-01-31 | Common Stock (36563) | Direct | |
| Stock Option (Right to Buy) | $21.15 | 2006-05-14 | Common Stock (179500) | Direct | |
| Stock Option (Right to Buy) | $31.83 | 2009-11-30 | Common Stock (29859) | Direct | |
| Stock Option (Right to Buy) | $54.63 | 2010-12-21 | Common Stock (300000) | Direct | |
| Stock Option (Right to Buy) | $70.75 | 2010-12-05 | Common Stock (83587) | Direct | |
| Stock Option (Right to Buy) | $72.11 | 2010-06-05 | Common Stock (300000) | Direct | |
| Stock Option (Right to Buy) | $111.00 | 2004-04-27 | Common Stock (21) | Direct | |
| Stock Option (Right to Buy) | $111.00 | 2007-02-04 | Common Stock (1593) | Direct | |
| Stock Option (Right to Buy) | $16.66 | 2011-07-01 | Common Stock (532) | Indirect | |
| Stock Option (Right to Buy) | $9.38 | 2008-10-05 | Common Stock (10662) | Direct | |
| Stock Option (Right to Buy) | $31.83 | 2009-11-30 | Common Stock (3141) | Direct | |
| Stock Option (Right to Buy) | $70.75 | 2010-12-05 | Common Stock (1413) | Direct | |
| Stock Option (Right to Buy) | $9.95 | 2011-12-04 | Common Stock (10055) | Direct | |
| Stock Option (Right to Buy) | $7.74 | 2012-01-31 | Common Stock (12919) | Direct | |
| Phantom Stock | $ | Common Stock (3448.81) | Direct |
Footnotes
F1: The Securities reported were acquired on a periodic basis by the Trustee of the Corning Investment Plan, a broad-based, tax-qualified employee benefit plan. The information was obtained from the Plan Administrator as of 9/30/03. The shares have been accumulated by the trustee monthly over the employment of the reporting person and the number is based upon the aggregate contributions to the reporting person's account divided by the then current market price.
F2: The reporting person disclaims beneficial ownership of all securities held by spouse.
F3: Option vests in 3 equal annual installments beginning on 1/3/04.
F4: Option vests in 3 equal annual installments beginning on 12/4/03.
F5: Option vests in 3 equal annual installments beginning on 2/3/04.
F6: Option became exercisable as to 50,000 shares on 2/1/03, as to 24,999 shares on 8/1/03, and becomes exercisable as to 25,000 shares on 2/1/04, as to 25,000 shares on 8/1/04 and as to 12,082 shares on 2/1/05.
F7: Option vested in 2 equal annual installments beginning on 2/1/99.
F8: Option became exercisable as to 28,500 shares on 2/1/00 and as to 17,838 shares on 2/1/01.
F9: Option became exercisable as to 50,000 shares on 12/5/02 and as to 24,994 shares on 6/5/03, and becomes exercisable as to 25,000 shares on 12/5/03, as to 14,950 shares on 6/5/04 and as to 25,001 shares on 12/5/04.
F10: Option vested in 2 equal annual installments beginning on 8/15/02.
F11: Option vested in 2 equal annual installments beginning on 5/15/02.
F12: Option became exercisable as to 16,500 shares on 2/1/01 and as to 13,359 shares on 2/1/02.
F13: Option vests in 3 equal annual installments beginning on 12/22/01.
F14: Option became exercisable as to 28,333 shares on 12/6/01, as to 28,333 shares on 12/6/02, and becomes exercisable as to the remaining 26,921 shares on 12/6/03.
F15: Option vests in 3 equal annual installments beginning on 6/6/03.
F16: Option became exercisable as to 5 shares on 6/5/03, and becomes exercisable as to 10,050 shares on 6/5/04.
F17: The reported Phantom Stock Units are acquired on a monthly basis pursuant to the terms of Corning's Supplemental Investment Plan [a 401(k) Excess Benefit Plan] and will be settled for cash at fair market value on or after the reporting person's retirement or other termination of service.