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CORNING INC /NY — Director's Dealing 2023
May 17, 2023
29942_dirs_2023-05-17_e4a444cf-24c7-4a04-a0d1-b45108d9119e.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: Schlesinger Edward A (Exec. Vice President and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-15 | Common Stock | M | 3779 | — | Acquired | 71804 | Direct |
| 2023-05-15 | Common Stock | M | 595 | — | Acquired | 72399 | Direct |
| 2023-05-15 | Common Stock | F | 2234 | $31.20 | Disposed | 70165 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-05-15 | Restricted Stock Unit | $ | M | 3779 | Disposed | Common Stock (3779) | Direct | |
| 2023-05-15 | Restricted Stock Unit | $ | M | 595 | Disposed | Common Stock (595) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common Stock (2775) | 2775 | Direct | |
| Restricted Stock Unit | $ | Common Stock (5856) | 5856 | Direct | |
| Restricted Stock Unit | $ | Common Stock (20172) | 20172 | Direct | |
| Restricted Stock Unit | $ | Common Stock (15614) | 15614 | 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, 2026. 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, 2025. 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 May 15, 2023 pursuant to the 2020 agreement.