AI assistant
CORNING INC /NY — Director's Dealing 2013
Jul 2, 2013
29942_dirs_2013-07-02_0395710d-771f-4920-ac17-953ebb87598d.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: 2013-07-01
Reporting Person: STEVERSON LEWIS A (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-07-01 | Common Stock | A | 155709 | — | Acquired | 155709 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-07-01 | Restricted Stock Unit | $ | A | 25952 | Acquired | Common Stock (25952) | Direct | |
| 2013-07-01 | Stock Options (Right to Buy) | $14.45 | A | 74147 | Acquired | 2023-06-30 | Common Stock (74147) | Direct |
Footnotes
F1: These shares were granted under the Incentive Stock Plan of Corning Incorporated and are subject to the restrictions and terms contained in an agreement dated July 1, 2013.
F2: Each restricted stock unit represents a contingent right to receive one share of the company's common stock.
F3: The restricted stock units vest 100% on July 1, 2016. Vested shares will be delivered to the reporting person within sixty (60) days after July 1, 2016. Events such as retirement, death , disability and others specified in the agreement may result in vesting prior to July 1, 2016.
F4: The options will vest 100% at the end of three years from grant date.