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CORNING INC /NY — Director's Dealing 2008
Dec 18, 2008
29942_dirs_2008-12-18_a21e06fe-dfae-4f42-a524-d11504b2947a.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: 2008-12-16
Reporting Person: OCONNOR JAMES J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-12-16 | Common Stock | A | 71.65 | $8.85 | Acquired | 128924.1194 | Direct |
| 2008-12-16 | Common Stock - Jt. Tenant W/wife | A | 15.6 | $8.85 | Acquired | 2777.8368 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2008-12-16 | Phantom Stock | $0 | A | 537.71 | Acquired | Common Stock (537.71) | Direct |
Footnotes
F1: Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.
F2: Units acquired pursuant to dividend reinvestment feature of Non-Employee Directors' Deferred Compensation Plan for which no additional price was paid.
F3: 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.
F4: Shares acquired on Company's December 16, 2008 dividend payment date under dividend reinvestment plan.