Filing Details

Accession Number:
0001208669-10-000004
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-08-27 11:10:46
Reporting Period:
2010-08-26
Filing Date:
2010-08-27
Accepted Time:
2010-08-27 11:10:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
24741 Corning Inc GLW Drawing & Insulating Of Nonferrous Wire (3357) 160393470
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1208669 R James Houghton 80 E. Market St.
Suite 300
Corning NY 14830
No No No Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-08-26 150,000 $6.78 200,075 No 4 M Direct
Common Stock Disposition 2010-08-26 150,000 $15.79 50,075 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2010-08-26 150,000 $0.00 150,000 $6.78
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
875,000 2012-04-30 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 9,782 Indirect by wife
Common Stock 3,813 Indirect by GRAT
Common Stock 73,360 Indirect by GRAT
Common Stock 41,128 Indirect by GRAT
Common Stock 55,100 Indirect by GRAT
Footnotes
  1. Respective amounts reported as beneficially owned directly by the reporting person and indirectly by the GRAT reflect a previously unreported transfer of 23,914 shares from the GRAT to the reporting person on 5/20/2010.
  2. Respective amounts reported as beneficially owned directly by the reporting person and indirectly by the GRAT reflect a previously unreported transfer of 55,100 shares from the reporting person to the GRAT on 8/5/2010.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from 15.77 to 15.81, inclusive. The reporting person undertakes to provide Corning Incorporated, any security holder of Corning Incorporated, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth previously in this footnote.
  4. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
  5. The options vested in three equal installments on 5/1/2003, 5/1/2004, and 5/1/2005.