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CORNING INC /NY — Director's Dealing 2024
Aug 12, 2024
29942_dirs_2024-08-12_a7091dc7-75f0-49c9-a659-e19c4bec8b99.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: 2024-08-08
Reporting Person: Nelson Avery H III (SVP&GM Auto., Solar & Life Sc,)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-08-08 | Common Stock | M | 2475 | — | Acquired | 61108 | Direct |
| 2024-08-08 | Common Stock | M | 1441 | — | Acquired | 62549 | Direct |
| 2024-08-08 | Common Stock | F | 2000 | $38.61 | Disposed | 60549 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-08-08 | Restricted Stock Unit | $ | M | 2475 | Disposed | Common Stock (2475) | Direct | |
| 2024-08-08 | Restricted Stock Unit | $ | M | 1441 | Disposed | Common Stock (1441) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3727.1136 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common Stock (13777) | 13777 | Direct | |
| Restricted Stock Unit | $ | Common Stock (22498) | 22498 | Direct | |
| Restricted Stock Unit | $ | Common Stock (17838) | 17838 | Direct |
Footnotes
F1: Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of July 31, 2024.
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 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: 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.
F5: 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.
F6: 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.
F7: The restricted stock units (RSUs) granted on February 8, 2023 vest 2/3 after 1 year and 1/3 after 18 months from the grant date.