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CORNING INC /NY — Director's Dealing 2009
Jul 2, 2009
29942_dirs_2009-07-02_88439dc1-40fa-4fc8-b9b2-8b555cb4f87c.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: 2009-06-30
Reporting Person: OCONNOR JAMES J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-06-30 | Common Stock | A | 39.371 | $16.2611 | Acquired | 135988.4795 | Direct |
| 2009-06-30 | Common Stock - Jt. Tenant W/wife | A | 8.573 | $16.2611 | Acquired | 2796.8599 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2009-06-30 | Phantom Stock | $0 | A | 2633.44 | Acquired | Common Stock (2633.44) | Direct |
Footnotes
F1: 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.
F2: Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.
F3: Includes 329.58 units acquired pursuant to dividend reinvestment feature of Non-Employee Direcotrs' Deferred Compensation Plan for which no additional price was paid.
F4: Shares acquired on Company's June 30, 2009 quarterly dividend payment date under dividend reinvestment plan.