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CORNING INC /NY — Director's Dealing 2008
Oct 2, 2008
29942_dirs_2008-10-02_32b54a5d-a10e-4481-87ba-f8c118671aa6.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: 2008-09-30
Reporting Person: GUND GORDON (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-09-30 | Common Stock | A | 57.648 | $15.4135 | Acquired | 1461504.7214 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2008-09-30 | Phantom Stock | $0 | A | 1825.64 | Acquired | Common Stock (1825.64) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 250000 | Indirect |
| Common Stock | 250000 | Indirect |
| Common Stock | 100000 | Indirect |
Footnotes
F1: Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.
F2: 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.
F3: Includes 291.11 units acquired pursuant to dividend reinvestment feature of Non-Employee Directors' Deferred Compensation Plan for which no additional price was paid.
F4: Shares acquired on Company's September 30, 2008 dividend payment date under dividend reinvestment plan.