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CORNING INC /NY — Director's Dealing 2022
Nov 3, 2022
29942_dirs_2022-11-03_2d937106-e59f-4e78-945c-f5bc4afebae6.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: 2022-11-01
Reporting Person: Schlesinger Edward A (Exec. Vice President and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-11-01 | Common Stock | M | 432 | — | Acquired | 51798 | Direct |
| 2022-11-01 | Common Stock | M | 282 | — | Acquired | 52080 | Direct |
| 2022-11-01 | Common Stock | M | 692 | — | Acquired | 52772 | Direct |
| 2022-11-01 | Common Stock | M | 222 | — | Acquired | 52994 | Direct |
| 2022-11-01 | Common Stock | F | 1628 | $32.56 | Disposed | 51366 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-11-01 | Restricted Stock Unit | $ | M | 432 | Disposed | Common Stock (432) | Direct | |
| 2022-11-01 | Restricted Stock Unit | $ | M | 282 | Disposed | Common Stock (282) | Direct | |
| 2022-11-01 | Performance Share Unit | $ | M | 692 | Disposed | Common Stock (692) | Direct | |
| 2022-11-01 | Performance Share Unit | $ | M | 222 | Disposed | Common Stock (222) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common Stock (16502) | 16502 | Direct | |
| Restricted Stock Unit | $ | Common Stock (3779) | 3779 | Direct | |
| Restricted Stock Unit | $ | Common Stock (595) | 595 | Direct |
Footnotes
F1: Each Restricted Stock Unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F2: Each Performance Share Unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F3: Vesting to satisfy tax requirement pursuant to the 2020 agreement.
F4: Vesting to satisfy tax requirement pursuant to the 2021 agreement.
F5: The Restricted Stock Units vest 100% on April 15, 2025. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2025.
F6: The Restricted Stock Units vest ratably over three years from grant date. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting dates.