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CORNING INC /NY — Director's Dealing 2024
Sep 6, 2024
29942_dirs_2024-09-06_bc854a0b-94f1-49e4-b370-1a09a0166b63.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2024-09-02
Reporting Person: O'Day Michael Paul (SVP and GM, Optical Comm.)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 47391 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common Stock (3273) | Direct | ||
| Performance Share Unit | $ | Common Stock (2456) | Direct | ||
| Performance Share Unit | $ | Common Stock (1573) | Direct | ||
| Restricted Stock Unit | $ | Common Stock (5199) | Direct | ||
| Restricted Stock Unit | $ | Common Stock (6887) | Direct | ||
| Restricted Stock Unit | $ | Common Stock (6244) | Direct |
Footnotes
F1: Includes 16,000 shares granted under Corning's Incentive Stock Plan that are subject to the restrictions and terms contained in the agreement dated April 28, 2022.
F2: The restricted stock units (RSUs) granted on February 8, 2023 vest 1/3 after 1 year from the grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.
F3: Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
F4: Earned PSUs remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement.
F5: Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
F6: Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.
F7: 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.
F8: The restricted stock units (RSUs) vest 100% on April 15, 2027. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
F9: 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.