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CORNING INC /NY — Director's Dealing 2008
Feb 13, 2008
29942_dirs_2008-02-13_dd4c1653-e103-4954-a144-e1f6f53b3e24.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: 2008-02-11
Reporting Person: HOUGHTON JAMES R (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-02-11 | Common Stock | M | 90000 | $4.06 | Acquired | 119411 | Direct |
| 2008-02-11 | Common Stock | S | 1400 | $23.2814 | Disposed | 118011 | Direct |
| 2008-02-11 | Common Stock | S | 1477 | $23.29 | Disposed | 116534 | Direct |
| 2008-02-11 | Common Stock | S | 500 | $23.31 | Disposed | 116034 | Direct |
| 2008-02-11 | Common Stock | S | 6900 | $23.32 | Disposed | 109134 | Direct |
| 2008-02-11 | Common Stock | S | 1800 | $23.325 | Disposed | 107334 | Direct |
| 2008-02-11 | Common Stock | S | 500 | $23.3275 | Disposed | 106834 | Direct |
| 2008-02-11 | Common Stock | S | 2200 | $23.33 | Disposed | 104634 | Direct |
| 2008-02-11 | Common Stock | S | 500 | $23.3301 | Disposed | 104134 | Direct |
| 2008-02-11 | Common Stock | S | 400 | $23.335 | Disposed | 103734 | Direct |
| 2008-02-11 | Common Stock | S | 2100 | $23.34 | Disposed | 101634 | Direct |
| 2008-02-11 | Common Stock | S | 24000 | $23.35 | Disposed | 77634 | Direct |
| 2008-02-11 | Common Stock | S | 800 | $23.3501 | Disposed | 76834 | Direct |
| 2008-02-11 | Common Stock | S | 300 | $23.355 | Disposed | 76534 | Direct |
| 2008-02-11 | Common Stock | S | 200 | $23.3575 | Disposed | 76334 | Direct |
| 2008-02-11 | Common Stock | S | 1100 | $23.36 | Disposed | 75234 | Direct |
| 2008-02-11 | Common Stock | S | 823 | $23.37 | Disposed | 74411 | Direct |
| 2008-02-11 | Common Stock | S | 300 | $23.52 | Disposed | 74111 | Direct |
| 2008-02-11 | Common Stock | S | 10500 | $23.54 | Disposed | 63611 | Direct |
| 2008-02-11 | Common Stock | S | 1100 | $23.545 | Disposed | 62511 | Direct |
| 2008-02-11 | Common Stock | S | 18532 | $23.55 | Disposed | 43979 | Direct |
| 2008-02-11 | Common Stock | S | 3168 | $23.56 | Disposed | 40811 | Direct |
| 2008-02-11 | Common Stock | S | 100 | $23.5601 | Disposed | 40711 | Direct |
| 2008-02-11 | Common Stock | S | 100 | $23.565 | Disposed | 40611 | Direct |
| 2008-02-11 | Common Stock | S | 3100 | $23.57 | Disposed | 37511 | Direct |
| 2008-02-11 | Common Stock | S | 8000 | $23.6 | Disposed | 29511 | Direct |
| 2008-02-11 | Common Stock | S | 100 | $23.61 | Disposed | 29411 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2008-02-11 | Stock Option (right to buy) | $4.06 | M | 90000 | Disposed | 2012-12-03 | Common Stock (90000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 9782 | Indirect |
| Common Stock | 41150 | Indirect |
| Common Stock | 44267 | Indirect |
Footnotes
F1: Represents the weighted average sale price of 1400 shares which were sold in four separate transactions. Actual share quantities and sale prices were as follows: 100 shares at $23.26; 600 shares at $23.28; 500 shares at $23.285; and 200 shares at $23.2875.
F2: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or any other purpose.
F3: The options vested in three equal installments on 12/04/2003, 12/04/2004, and 12/04/2005.