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CORNING INC /NY — Director's Dealing 2007
Dec 18, 2007
29942_dirs_2007-12-18_7d73db90-80b1-4534-93d8-8fba4f8822b5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2007-12-14
Reporting Person: OCONNOR JAMES J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2007-12-14 | Common Stock | A | 25.46 | $24.19 | Acquired | 125476.8894 | Direct |
| 2007-12-14 | Common Stock - Jt. Tenant w/wife | A | 5.54 | $24.19 | Acquired | 2741.6403 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2007-12-14 | Phantom Stock | $0 | A | 186.33 | Acquired | Common Stock (186.33) | Direct |
Footnotes
F1: Includes 25.46 shares acquired on Company's December 14, 2007 quarterly dividend payment date under dividend reinvestment plan.
F3: Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.
F4: Includes 186.33 units acquired pursuant to dividend reinvestment feature of Non-Employee Directors' Deferred Compensation Plan for which no additional price was paid.
F2: Includes 5.54 shares acquired on Company's December 14, 2007 quarterly dividend payment date under dividend reinvestment plan.
F5: Distribution of phantom stock units in cash under the Non-Employee Directors' Deferred Compensation Plan is deferred until a specific date as elected by the participant or termination of service as a Director of Corning.