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CORNING INC /NY — Director's Dealing 2022
May 18, 2022
29942_dirs_2022-05-18_3d9d5a5c-7463-4629-81f9-0434391548f8.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: 2022-05-16
Reporting Person: Zhang John Z (Senior VP & GM, Display)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-05-16 | Common Stock | M | 4784 | — | Acquired | 12505 | Direct |
| 2022-05-16 | Common Stock | M | 690 | — | Acquired | 13195 | Direct |
| 2022-05-16 | Common Stock | F | 2796 | $35.20 | Disposed | 10399 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-05-16 | Restricted Stock Unit | $ | M | 4784 | Disposed | Common Stock (4784) | Direct | |
| 2022-05-16 | Restricted Stock Unit | $ | M | 690 | Disposed | Common Stock (690) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common Stock (17268) | 17268 | Direct | |
| Restricted Stock Unit | $ | Common Stock (9548) | 9548 | Direct | |
| Restricted Stock Unit | $ | Common Stock (14439) | 14439 | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F2: The restricted stock units will vest ratably over three years from the May 15, 2020 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.
F3: The Restricted Stock Units vest 100% on April 14, 2023. Vested shares will be delivered to the reporting person within thirty (30) days after April 14, 2023. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 14, 2023.
F4: The Restricted Stock Units vest 100% on April 15, 2024. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2024. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2024.
F5: The Restricted Stock Units vest 100% on April 15, 2025. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2025. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2025.