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CORNING INC /NY — Director's Dealing 2023
Sep 1, 2023
29942_dirs_2023-09-01_16b8c3c6-1e98-4eb7-b3f7-f6af95b9973f.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: 2023-08-31
Reporting Person: Capps Cheryl C (SVP & Chief Supply Chain Off.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-08-31 | Common Stock | D | 50000 | — | Disposed | 30288 | Direct |
| 2023-08-31 | Common Stock | M | 1836 | — | Acquired | 32124 | Direct |
| 2023-08-31 | Common Stock | M | 334 | — | Acquired | 32458 | Direct |
| 2023-08-31 | Common Stock | F | 965 | $32.82 | Disposed | 31493 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-08-31 | Restricted Stock Unit | $ | M | 1836 | Disposed | Common Stock (1836) | Direct | |
| 2023-08-31 | Restricted Stock Unit | $ | M | 334 | Disposed | Common Stock (334) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common Stock (6373) | 6373 | Direct | |
| Restricted Stock Unit | $ | Common Stock (9304) | 9304 | Direct | |
| Restricted Stock Unit | $ | Common Stock (7725) | 7725 | Direct |
Footnotes
F1: Forfeiture of restricted stock pursuant to the July 20, 2020 agreement.
F2: Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
F3: The restricted stock units (RSUs) vest 100% on April 15, 2024. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
F4: The restricted stock units (RSUs) vest 100% on April 15, 2025. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
F5: The restricted stock units (RSUs) vest 100% on April 15, 2026. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
F6: The restricted stock units vested on August 31, 2023 pursuant to the 2023 agreement.