Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

CORNING INC /NY Director's Dealing 2023

May 17, 2023

29942_dirs_2023-05-17_9319d197-bdbb-4155-8b8c-2e289cbb2e08.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2023-05-15

Reporting Person: Amin Jaymin (SVP and Chief Tech. Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-05-15 Common Stock M 2979 Acquired 97961 Direct
2023-05-15 Common Stock M 517 Acquired 98478 Direct
2023-05-15 Common Stock F 1785 $31.20 Disposed 96693 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-05-15 Restricted Stock Unit $ M 2979 Disposed Common Stock (2979) Direct
2023-05-15 Restricted Stock Unit $ M 517 Disposed Common Stock (517) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2418.5348 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Unit $ Common Stock (15843) 15843 Direct
Restricted Stock Unit $ Common Stock (3241) 3241 Direct
Restricted Stock Unit $ Common Stock (4439) 4439 Direct
Restricted Stock Unit $ Common Stock (6367) 6367 Direct
Restricted Stock Unit $ Common Stock (7552) 7552 Direct
Restricted Stock Unit $ Common Stock (16309) 16309 Direct

Footnotes

F1: Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of April 28, 2023.

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 1/3 after 1 year from grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.

F4: The restricted stock units (RSUs) vest 2/3 after 1 year and 1/3 after 18 months from the grant date.

F5: 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.

F6: 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.

F7: 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.

F8: The restricted stock units vested on May 15, 2023 pursuant to the 2020 agreement.