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CORNING INC /NY — Director's Dealing 2021
Jan 11, 2021
29942_dirs_2021-01-11_662012f8-5201-4a52-b5cb-2934665d8ca6.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: 2021-01-07
Reporting Person: Tripeny R Tony (Exec. Vice President and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-01-07 | Common Stock | M | 1509 | — | Acquired | 1509 | Direct |
| 2021-01-07 | Common Stock | F | 1509 | $36.98 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-01-07 | Restricted Stock Unit | $ | M | 1509 | Disposed | Common Stock (1509) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 66204 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common Stock (18661) | 18661 | Direct | |
| Restricted Stock Unit | $ | Common Stock (16393) | 16393 | Direct | |
| Restricted Stock Unit | $ | Common Stock (3140) | 3140 | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F2: Vesting to satisfy tax requirement pursuant to the April 2020 agreement.
F3: The Restricted Stock Units vest 100% on April 15, 2021. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2021. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2021.
F4: The Restricted Stock Units vest 100% on April 15, 2022. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2022. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2022.
F5: The restricted stock units will vest ratably over three years from grant date. Vested shares will be delivered to the reporting person 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.