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CORNING INC /NY — Director's Dealing 2023
Apr 5, 2023
29942_dirs_2023-04-05_f3b51401-c570-4e34-bffb-133897801319.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: 2023-04-03
Reporting Person: Seetharam Soumya (Senior Vice President & CDIO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-04-03 | Restricted Stock Unit | $ | A | 13734 | Acquired | Common Stock (13734) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 75000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common Stock (13561) | 13561 | Direct | |
| Restricted Stock Unit | $ | Common Stock (3945) | 3945 | 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 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.
F3: The restricted stock units (RSUs) vest 2/3 after 1 year and 1/3 after 18 months from the grant 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.