AI assistant
CORNING INC /NY — Director's Dealing 2024
Aug 12, 2024
29942_dirs_2024-08-12_4da1a49b-7ce5-4216-8ed3-b2ad8971a7d3.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2024-08-08
Reporting Person: Evenson Jeffrey W (Exec. VP & Chief Strategy Off)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-08-08 | Common Stock | M | 3283 | — | Acquired | 3283 | Direct |
| 2024-08-08 | Common Stock | M | 1791 | — | Acquired | 5074 | Direct |
| 2024-08-08 | Common Stock | F | 2591 | $38.61 | Disposed | 2483 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-08-08 | Restricted Stock Unit | $ | M | 3283 | Disposed | Common Stock (3283) | Direct | |
| 2024-08-08 | Restricted Stock Unit | $ | M | 1791 | Disposed | Common Stock (1791) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common Stock (16415) | 16415 | Direct | |
| Restricted Stock Unit | $ | Common Stock (17025) | 17025 | 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, 2025. 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, 2026. 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) 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.
F5: 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.