AI assistant
CORNING INC /NY — Director's Dealing 2024
Apr 3, 2024
29942_dirs_2024-04-03_ae963090-1e07-4bfc-81f9-c3017b7ecb77.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: 2024-04-01
Reporting Person: Becker Stefan (Senior VP & Controller)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-01 | Restricted Stock Unit | $ | A | 14692 | Acquired | Common Stock (14692) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 33434 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common Stock (8438) | 8438 | Direct | |
| Restricted Stock Unit | $ | Common Stock (1315) | 1315 | Direct | |
| Restricted Stock Unit | $ | Common Stock (6138) | 6138 | Direct | |
| Restricted Stock Unit | $ | Common Stock (13201) | 13201 | Direct | |
| Restricted Stock Unit | $ | Common Stock (13734) | 13734 | 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) 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.
F3: 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.
F4: 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.
F5: 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.
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) 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.