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CORNING INC /NY Director's Dealing 2017

Apr 4, 2017

29942_dirs_2017-04-04_5e86b39d-63c6-4ed6-b348-2bb298b3832f.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: 2017-03-31

Reporting Person: Musser Eric S (Exec VP, Corning Tech. & Intl.)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-03-31 Stock Options (Right to Buy) $27.00 A 33337 Acquired 2027-03-31 Common Stock (33337) Direct
2017-03-31 Restricted Stock Unit $ A 18519 Acquired Common Stock (18519) Direct

Footnotes

F1: The options will vest 100% at the end of three years from grant date.

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, 2020. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2020. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2020.