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CORNING INC /NY — Director's Dealing 2007
Dec 18, 2007
29942_dirs_2007-12-18_de17995f-c102-4215-bce3-a2e81e1bb12c.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: HENNESSY JOHN M (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2007-12-14 | Common Stock | A | 7.31 | $24.19 | Acquired | 204798.62 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2007-12-14 | Phantom Stock | $0 | A | 192.61 | Acquired | Common Stock (192.61) | Direct |
Footnotes
F2: Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.
F1: Includes 7.31 shares acquired on Company's December 14, 2007 quarterly dividend payment date under dividend reinvestment plan.
F3: Includes 192.61 units acquired pursuant to dividend reinvestment feature of Non-Employee Directors' Deferred Compensation Plan for which no additional price was paid.
F4: 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.