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CORNING INC /NY — Director's Dealing 2023
May 17, 2023
29942_dirs_2023-05-17_9176f366-c164-4d37-a8e3-5aa7734604b9.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: 2023-05-15
Reporting Person: STEVERSON LEWIS A (EVP and CLAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-15 | Common Stock | M | 9415 | — | Acquired | 46911 | Direct |
| 2023-05-15 | Common Stock | M | 1087 | — | Acquired | 47998 | Direct |
| 2023-05-15 | Common Stock | F | 5362 | $31.20 | Disposed | 42636 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-05-15 | Restricted Stock Unit | $ | M | 9415 | Disposed | Common Stock (9415) | Direct | |
| 2023-05-15 | Restricted Stock Unit | $ | M | 1087 | Disposed | Common Stock (1087) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common Stock (2909) | 2909 | Direct | |
| Restricted Stock Unit | $ | Common Stock (22430) | 22430 | Direct | |
| Restricted Stock Unit | $ | Common Stock (29955) | 29955 | Direct | |
| Restricted Stock Unit | $ | Common Stock (32618) | 32618 | 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 (RSUs) vest 2/3 after 1 year and 1/3 after 18 months from the grant date.
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: 9,415 restricted stock units (RSUs) vested on May 15, 2023 pursuant to the May 2020 agreement; 551 RSUs will vest on June 15, 2023, pursuant to the June 2020 agreement.
F7: 1,087 restricted stock units (RSUs) vested on May 15, 2023 pursuant to the May 2020 agreement; 29 RSUs will vest on June 15, 2023, pursuant to the June 2020 agreement.