AI assistant
CORNING INC /NY — Director's Dealing 2016
Apr 1, 2016
29942_dirs_2016-04-01_19cdf6ab-01f9-4eac-bd8e-f6e42375a013.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: 2016-03-31
Reporting Person: Kinlin Clark S (Executive Vice President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-03-31 | Restricted Stock Unit | $ | A | 22140 | Acquired | Common Stock (22140) | Direct | |
| 2016-03-31 | Stock Options (Right to Buy) | $20.89 | A | 11070 | Acquired | 2026-03-31 | Common Stock (11070) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 52068 | Direct |
Footnotes
F1: Mr. Kinlin received cash for a fractional share (.012 share) in connection with the closing of a personal account.
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 April 15, 2019. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2019. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2019.
F4: The options will vest 100% at the end of three years from grant date.