AI assistant
CORNING INC /NY — Director's Dealing 2012
Jan 5, 2012
29942_dirs_2012-01-05_c821f2ee-8c79-4b4c-b3cf-3b4c7a4ed807.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2012-01-03
Reporting Person: MILLER JOSEPH A (EXECUTIVE VICE PRESIDENT)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-01-03 | Common Stock | M | 1130 | — | Acquired | 139858 | Direct |
| 2012-01-03 | Common Stock | F | 1130 | $13.04 | Disposed | 138728 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-01-03 | Stock Options (Right to Buy) | $13.04 | A | 38344 | Acquired | 2022-01-02 | Common Stock (38344) | Direct |
| 2012-01-03 | Restricted Stock Unit | $ | A | 46012 | Acquired | Common Stock (46012) | Direct | |
| 2012-01-03 | Restricted Stock Unit | $ | M | 1130 | Disposed | Common Stock (1130) | Direct |
Footnotes
F1: The options will vest 100% at the end of three years from grant date.
F2: Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock
F3: The Restricted Stock Units vest 100% on February 16, 2015. Vested shares will be delivered to the reporting person within sixty (60) days after February 16, 2015. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to February 16, 2015.
F4: Vesting to satisfy tax requirement pursuant to the January 2011 agreement.