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CORNING INC /NY — Director's Dealing 2011
Dec 20, 2011
29942_dirs_2011-12-20_9d4dc46e-35a8-423a-8434-51cebdab97ed.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: 2011-12-16
Reporting Person: GUND GORDON (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-12-16 | Common Stock | A | 105.79 | $13.14 | Acquired | 1615506.3866 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-12-16 | Phantom Stock | $0 | A | 689.71 | Acquired | Common Stock (689.71) | 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: Shares acquired on Company's December 16, 2011 quarterly dividend payment date under dividend reinvestment plan.
F4: Units acquired pursuant to dividend reinvestment feature of Non-Employee Directors' Deferred Compensation Plan for which no additional price was paid.