AI assistant
CORNING INC /NY — Director's Dealing 2024
May 7, 2024
29942_dirs_2024-05-07_fc4fcc7e-f0bd-4847-9385-a9c13c0e4d52.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: 2024-05-06
Reporting Person: Evenson Jeffrey W (Exec. VP & Chief Strategy Off)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-06 | Common Stock | M | 6614 | $22.68 | Acquired | 122881 | Direct |
| 2024-05-06 | Common Stock | M | 7167 | $20.93 | Acquired | 130048 | Direct |
| 2024-05-06 | Common Stock | M | 7170 | $20.92 | Acquired | 137218 | Direct |
| 2024-05-06 | Common Stock | M | 7480 | $20.89 | Acquired | 144698 | Direct |
| 2024-05-06 | Common Stock | M | 8369 | $18.67 | Acquired | 153067 | Direct |
| 2024-05-06 | Common Stock | M | 13000 | $19.65 | Acquired | 166067 | Direct |
| 2024-05-06 | Common Stock | M | 7480 | $20.89 | Acquired | 173547 | Direct |
| 2024-05-06 | Common Stock | S | 103437 | $33.1945 | Disposed | 70110 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-06 | Stock Options (Right to Buy) | $22.68 | M | 6614 | Disposed | 2025-03-31 | Common Stock (6614) | Direct |
| 2024-05-06 | Stock Options (Right to Buy) | $20.93 | M | 7167 | Disposed | 2025-04-30 | Common Stock (7167) | Direct |
| 2024-05-06 | Stock Options (Right to Buy) | $20.92 | M | 7170 | Disposed | 2025-05-29 | Common Stock (7170) | Direct |
| 2024-05-06 | Stock Options (Right to Buy) | $20.89 | M | 7480 | Disposed | 2026-03-31 | Common Stock (7480) | Direct |
| 2024-05-06 | Stock Options (Right to Buy) | $18.67 | M | 8369 | Disposed | 2026-04-29 | Common Stock (8369) | Direct |
| 2024-05-06 | Stock Options (Right to Buy) | $19.65 | M | 13000 | Disposed | 2030-05-15 | Common Stock (13000) | Direct |
| 2024-05-06 | Stock Options (Right to Buy) | $20.89 | M | 7480 | Disposed | 2026-05-31 | Common Stock (7480) | Direct |
Footnotes
F1: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.07 to $33.325, inclusive. The reporting person undertakes to provide to Corning Incorporated, any security holder of Corning Incorporated, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth previously in this footnote.
F2: The options vest 100% at the end of three years from grant date.
F3: On December 2, 2020, the Compensation Committee approved the early vesting of one half of the stock options granted on May 15, 2020. The remaining stock options vested ratably over three years from the grand date.