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CORNING INC /NY — Director's Dealing 2024
Feb 12, 2024
29942_dirs_2024-02-12_3d6da633-32db-4f3b-b8c0-22711dae4adb.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: 2024-02-08
Reporting Person: Zhang John Z (SVP&GM Display & Corning Asia)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-08 | Common Stock | M | 4951 | — | Acquired | 20175 | Direct |
| 2024-02-08 | Common Stock | M | 1440 | — | Acquired | 21615 | Direct |
| 2024-02-08 | Common Stock | F | 2462 | $31.73 | Disposed | 19153 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-08 | Restricted Stock Unit | $ | M | 4951 | Disposed | Common Stock (4951) | Direct | |
| 2024-02-08 | Restricted Stock Unit | $ | M | 1440 | Disposed | Common Stock (1440) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common Stock (9548) | 9548 | Direct | |
| Restricted Stock Unit | $ | Common Stock (14439) | 14439 | Direct | |
| Restricted Stock Unit | $ | Common Stock (18884) | 18884 | 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, 2024. 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, 2025. 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) 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.
F5: 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.
F6: 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.