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CORNING INC /NY Director's Dealing 2013

Jul 2, 2013

29942_dirs_2013-07-02_0395710d-771f-4920-ac17-953ebb87598d.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: 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.