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CORNING INC /NY — Director's Dealing 2023
Jun 20, 2023
29942_dirs_2023-06-20_7174f275-b6ee-48d2-ae6e-a6b2c63b0d09.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: 2023-06-16
Reporting Person: Bell Michael Alan (Senior VP & GM, Optical Comm.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-06-16 | Common Stock | M | 1799 | $19.65 | Acquired | 35045 | Direct |
| 2023-06-16 | Common Stock | S | 35045 | $35.0001 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-06-16 | Stock Options (Right to Buy) | $19.65 | M | 1799 | Disposed | 2030-05-15 | Common Stock (1799) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 694.7173 | Indirect |
Footnotes
F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2023.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.03, inclusive. The reporting person undertakes to provide to Corning Incorporated, any security holder of Corning Incorporated, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth previously in this footnote.
F3: Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of May 31, 2023.
F4: On December 2, 2020, the Compensation Committee approved the early vesting of one half of the stock options granted on May 15, 2020. The remaining stock options vested ratably over three years from the grand date.