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CORNING INC /NY — Director's Dealing 2008
Oct 2, 2008
29942_dirs_2008-10-02_6f7b253f-bebf-402d-8526-d9da923c9e0d.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: OCONNOR JAMES J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-09-30 | Common Stock | A | 41.014 | $15.4135 | Acquired | 128852.4694 | Direct |
| 2008-09-30 | Common Stock - Jt. Tenant W/wife | A | 8.9318 | $15.4135 | Acquired | 2762.2368 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2008-09-30 | Phantom Stock | $0 | A | 2576.17 | Acquired | Common Stock (2576.17) | Direct |
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 306.35 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.