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CORNING INC /NY — Director's Dealing 2021
Apr 1, 2021
29942_dirs_2021-04-01_b647a454-3da9-4306-86a6-2d1199e427b7.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: 2021-03-31
Reporting Person: HENRETTA DEBORAH A (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-31 | Restricted Stock Unit | $ | A | 523 | Acquired | Common Stock (523) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common Stock (28534) | 28534 | Direct | |
| Restricted Stock Unit | $ | Common Stock (1544) | 1544 | Direct |
Footnotes
F1: Represents restricted stock units granted under the Non-Employee Directors' Deferred Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F2: Conversion of restricted stock units to the Company's common stock and distribution of such stock under the Non-Employee Directors' Deferred Compensation Plan is deferred until a specific date as elected by the participant or termination of service as a Corning director.
F3: Represents annual equity retainer in the form of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F4: Conversion of restricted stock units to the Company's common stock and distribution of such stock is deferred until a specific date as elected by the participant or termination of service as a Corning director.
F5: Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F6: As part of a series of actions to preserve cash, the reporting person received restricted stock units in lieu of 40% of cash fees payable for service on the board of directors and any committees thereof for the period of June 1, 2020 through December 31 2020.