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CORNING INC /NY — Director's Dealing 2024
Apr 17, 2024
29942_dirs_2024-04-17_941e031f-8a38-4a4d-984b-63a94dfca167.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: 2024-04-15
Reporting Person: McRae Lawrence D (Retired Vice Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-04-15 | Common Stock | M | 16851 | — | Acquired | 232105 | Direct |
| 2024-04-15 | Common Stock | M | 24454 | — | Acquired | 256559 | Direct |
| 2024-04-15 | Common Stock | F | 20117 | $31.29 | Disposed | 236442 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-15 | Restricted Stock Unit | $ | M | 16851 | Disposed | Common Stock (16851) | Direct | |
| 2024-04-15 | Performance Share Unit | $ | M | 24454 | Disposed | Common Stock (24454) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1045 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance Share Unit | $ | Common Stock (9776) | 9776 | Direct | |
| Performance Share Unit | $ | Common Stock (5424) | 5424 | Direct | |
| Restricted Stock Unit | $ | Common Stock (21182) | 21182 | Direct | |
| Restricted Stock Unit | $ | Common Stock (20412) | 20412 | Direct |
Footnotes
F1: The reporting person disclaims beneficial ownership of all securities held by spouse.
F2: Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
F3: Earned PSUs remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement.
F4: Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.
F5: Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
F6: 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.
F7: The restricted stock units (RSUs) vested 100% on April 15, 2024.
F8: The performance share units (PSUs) vested 100% on April 15, 2024.
F9: 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.