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CORNING INC /NY — Director's Dealing 2008
Jul 2, 2008
29942_dirs_2008-07-02_a5a4cc6f-13f6-4f9e-b183-5cce8d6ac68e.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: 2008-06-30
Reporting Person: OCONNOR JAMES J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-06-30 | Common Stock | A | 27.0459 | $23.324 | Acquired | 128811.4554 | Direct |
| 2008-06-30 | Common Stock - Jt. Tenant w/wife | A | 5.8896 | $23.324 | Acquired | 2753.305 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2008-06-30 | Phantom Stock | $0 | A | 2036.48 | Acquired | Common Stock (2036.48) | Direct |
Footnotes
F3: Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.
F1: Includes 27.0459 shares acquired on Company's June 30, 2008 dividend payment date under dividend reinvestment plan.
F4: Includes 203.68 units acquired pursuant to dividend reinvestment feature of Non-Employee Directors' Deferred Compensation Plan for which no additional price was paid.
F2: Includes 5.8896 shares acquired on Company's June 30, 2008 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.