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CORNING INC /NY — Director's Dealing 2024
Jan 4, 2024
29942_dirs_2024-01-04_8a4c9286-ad67-464f-8ed7-c718f46a3aca.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: 2024-01-02
Reporting Person: McRae Lawrence D (Vice Chairman & Corp. Dev. Off)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-02 | Common Stock | M | 1136 | — | Acquired | 206394 | Direct |
| 2024-01-02 | Common Stock | F | 1136 | $30.49 | Disposed | 205258 | Direct |
| 2024-01-02 | Common Stock | M | 418 | — | Acquired | 205676 | Direct |
| 2024-01-02 | Common Stock | F | 151 | $30.49 | Disposed | 205525 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-02 | Restricted Stock Unit | $ | M | 1136 | Disposed | Common Stock (1136) | Direct | |
| 2024-01-02 | Restricted Stock Unit | $ | M | 418 | Disposed | Common Stock (418) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 806.2127 | Indirect |
| Common Stock | 6011.4149 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common Stock (16851) | 16851 | Direct | |
| Restricted Stock Unit | $ | Common Stock (20412) | 20412 | Direct |
Footnotes
F1: Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of December 29, 2023.
F2: The reporting person disclaims beneficial ownership of all securities held by spouse.
F3: Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
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 vested on January 2, 2024 pursuant to the 2023 agreement.