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CORNING INC /NY — Director's Dealing 2020
Apr 17, 2020
29942_dirs_2020-04-17_929e654b-1506-4e33-a622-d43525f826e5.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: 2020-04-15
Reporting Person: McRae Lawrence D (Vice Chairman & Corp. Dev. Off)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-04-15 | Common Stock | M | 19701 | — | Acquired | 164030 | Direct |
| 2020-04-15 | Common Stock | F | 9185 | $19.99 | Disposed | 154845 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-04-15 | Restricted Stock Unit | $ | M | 19701 | Disposed | Common Stock (19701) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 755.6267 | Indirect |
| Common Stock | 5627.5943 | Indirect |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F2: The Reporting Person disclaims beneficial ownership of all securities held by spouse.
F3: Earned Restricted Stock Units awarded March 31, 2017 remained restricted until April 15, 2020, when they vested and converted into GLW common stock per terms of March 2017 Agreement approved by Compensation Committee.
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