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CORNING INC /NY — Director's Dealing 2017
Nov 3, 2017
29942_dirs_2017-11-03_30b36e74-1e27-4afb-82fc-040bd536d5b8.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: 2017-11-01
Reporting Person: ROGUS MARK S (Retired Senior VP & Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-11-01 | Common Stock | M | 8019 | — | Acquired | 103110 | Direct |
| 2017-11-01 | Common Stock | M | 8889 | — | Acquired | 111999 | Direct |
| 2017-11-01 | Common Stock | M | 6172 | — | Acquired | 118171 | Direct |
| 2017-11-01 | Common Stock | F | 11506 | $31.63 | Disposed | 106665 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-11-01 | Restricted Stock Unit | $ | M | 8019 | Disposed | Common Stock (8019) | Direct | |
| 2017-11-01 | Restricted Stock Unit | $ | M | 8889 | Disposed | Common Stock (8889) | Direct | |
| 2017-11-01 | Restricted Stock Unit | $ | M | 6172 | Disposed | Common Stock (6172) | Direct | |
| 2017-11-01 | Restricted Stock Unit | $ | D | 1235 | Disposed | Common Stock (1235) | Direct |
Footnotes
F1: Each restricted stock unit represented a contingent right to receive one share of Corning Incorporated Common Stock.
F2: Earned Restricted Stock Units awarded March 31, 2015 remained restricted until November 1, 2017, when they vested and converted into GLW common stock per terms of March 2015 Agreement approved by Compensation Committee.
F3: Earned Restricted Stock Units awarded March 31, 2016 remained restricted until November 1, 2017, when they vested and converted into GLW common stock per terms of March 2016 Agreement approved by Compensation Committee.
F4: Earned Restricted Stock Units awarded March 31, 2017 remained restricted until November 1, 2017, when they vested and converted into GLW common stock per terms of March 2017 Agreement approved by Compensation Committee.
F5: Represents the forfeiture of Restricted Stock Units awarded March 31, 2017, per terms of March 2017 Agreement approved by Compensation Committee.
F6: Restricted Stock Units awarded March 31, 2017 were forfeited on November 1, 2017 per terms of March 2017 Agreement approved by Compensation Committee.
F7: Not applicable,