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CORNING INC /NY — Director's Dealing 2024
Apr 3, 2024
29942_dirs_2024-04-03_8c2035ac-932a-4e96-9233-80f246d0e6a0.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: 2024-04-01
Reporting Person: Bell Michael Alan (Senior VP & GM, Optical Comm.)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-01 | Restricted Stock Unit | $ | A | 16070 | Acquired | Common Stock (16070) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5525 | Direct |
| Common Stock | 718.8778 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common Stock (9902) | 9902 | Direct | |
| Restricted Stock Unit | $ | Common Stock (1441) | 1441 | Direct | |
| Restricted Stock Unit | $ | Common Stock (9014) | 9014 | Direct | |
| Restricted Stock Unit | $ | Common Stock (13700) | 13700 | Direct | |
| Restricted Stock Unit | $ | Common Stock (14203) | 14203 | Direct |
Footnotes
F1: Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of March 28, 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) granted on February 8, 2023 will 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.
F4: The restricted stock units (RSUs) granted on February 8, 2023 will vest 2/3 after 1 year and 1/3 after 18 months from the grant date.
F5: The restricted stock units (RSUs) vest 100% on April 15, 2024. 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) 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.
F7: 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.
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.