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CORNING INC /NY — Director's Dealing 2023
May 3, 2023
29942_dirs_2023-05-03_f39e77d8-df8c-4ec3-b8b5-f5c203441cfc.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: 2023-05-01
Reporting Person: France Robert P. (Retired Sr VP, Human Resources)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-01 | Common Stock | D | 1875 | — | Disposed | 41226 | Direct |
| 2023-05-01 | Common Stock | M | 607 | — | Acquired | 41833 | Direct |
| 2023-05-01 | Common Stock | M | 4549 | — | Acquired | 46382 | Direct |
| 2023-05-01 | Common Stock | F | 9334 | $33.11 | Disposed | 37048 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-05-01 | Restricted Stock Unit | $ | M | 607 | Disposed | Common Stock (607) | Direct | |
| 2023-05-01 | Restricted Stock Unit | $ | M | 4549 | Disposed | Common Stock (4549) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common Stock (5650) | 5650 | Direct | |
| Restricted Stock Unit | $ | Common Stock (8835) | 8835 | 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 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.
F3: 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.
F4: Earned restricted stock units awarded May 15, 2020 remained restricted until May 1, 2023 when they vested and converted into Common Stock per the May 2020 agreement.