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CORNING INC /NY — Director's Dealing 2018
Dec 4, 2018
29942_dirs_2018-12-04_f9702332-6c64-433c-87dd-4fb0674e892a.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: 2018-11-30
Reporting Person: Ferrero Lisa (Senior Vice President & CAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-11-30 | Common Stock | M | 14361 | — | Acquired | 36294 | Direct |
| 2018-11-30 | Common Stock | M | 11111 | — | Acquired | 47405 | Direct |
| 2018-11-30 | Common Stock | M | 11022 | — | Acquired | 58427 | Direct |
| 2018-11-30 | Common Stock | F | 17873 | $32.22 | Disposed | 40554 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-11-30 | Restricted Stock Unit | $ | M | 14361 | Disposed | Common Stock (14361) | Direct | |
| 2018-11-30 | Restricted Stock Unit | $ | M | 11111 | Disposed | Common Stock (11111) | Direct | |
| 2018-11-30 | Restricted Stock Unit | $ | M | 11022 | Disposed | Common Stock (11022) | Direct | |
| 2018-11-30 | Restricted Stock Unit | $ | D | 1002 | Disposed | Common Stock (1002) | 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, 2016 remained restricted until November 30, 2018, when they vested and converted into GLW common stock per terms of March 2016 Agreement approved by Compensation Committee.
F3: Earned Restricted Stock Units awarded March 31, 2017 remained restricted until November 30, 2018, when they vested and converted into GLW common stock per terms of March 2017 Agreement approved by Compensation Committee.
F4: Earned Restricted Stock Units awarded April 2, 2018 remained restricted until November 30, 2018, when they vested and converted into GLW common stock per terms of April 2018 Agreement approved by Compensation Committee.
F5: Represents the forfeiture of Restricted Stock Units awarded April 2, 2018, per terms of the April 2018 Agreement approved by Compensation Committee.
F6: Restricted Stock Units awarded April 2, 2018 were forfeited on November 30, 2018 per terms of April 2018 Agreement approved by Compensation Committee.
F7: Not applicable.