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CORNING INC /NY — Director's Dealing 2021
May 19, 2021
29942_dirs_2021-05-19_84b5168d-9880-4c0e-87b4-7c91c3764067.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: 2021-05-17
Reporting Person: Fang Li (Pres&GM, Corning Greater China)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-17 | Common Stock | M | 3953 | — | Acquired | 3953 | Direct |
| 2021-05-17 | Common Stock | D | 3953 | $44.19 | Disposed | 0 | Direct |
| 2021-05-17 | Common Stock | M | 582 | — | Acquired | 582 | Direct |
| 2021-05-17 | Common Stock | D | 582 | $44.19 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-17 | Restricted Stock Unit | $ | M | 3953 | Disposed | Common Stock (3953) | Direct | |
| 2021-05-17 | Restricted Stock Unit | $ | M | 582 | Disposed | Common Stock (582) | Direct |
Footnotes
F1: The restricted stock units will be settled solely in cash ("cash-settled RSUs"). Each cash-settled RSU is the economic equivalent of one share of Corning Incorporated Common Stock.
F2: The cash-settled RSUs will vest ratably over three years from the May 15, 2020 grant date. Vested units will be settled within sixty (60) days after vesting. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting dates.
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