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CORNING INC /NY — Director's Dealing 2013
Apr 30, 2013
29942_dirs_2013-04-30_858f0f02-8cc9-4f51-965f-15c3ae31a7a2.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: 2013-04-26
Reporting Person: GUND GORDON (Retired Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-04-26 | Restricted Stock Unit | $ | A | 1335.21 | Acquired | Common Stock (1335.21) | Direct | |
| 2013-04-26 | Phantom Stock | $0 | M | 141359.24 | Disposed | Common Stock (141359.24) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F2: Conversion of Restricted Stock Units to Corning Incorporated Common Stock and distribution of stock under the Non-Employee Directors' Deferred Compensation Plan is deferred until a specific date as elected by the participant or termination of services as a Director of Corning.
F3: Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.
F4: Distribution of phantom stock units in cash under the Non-Employee Directors' Deferred Compensation Plan upon Mr. Gund's retirement as a Director of Corning.