Filing Details
- Accession Number:
- 0001208669-10-000003
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-05-05 13:00:00
- Reporting Period:
- 2010-05-04
- Filing Date:
- 2010-05-05
- Accepted Time:
- 2010-05-05 16:41:45
- 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 | 2010-05-04 | 15,000 | $6.67 | 96,261 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2010-05-04 | 175,000 | $6.78 | 271,261 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-05-04 | 190,000 | $18.89 | 81,261 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| 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 | 2010-05-04 | 15,000 | $0.00 | 15,000 | $6.67 |
| Common Stock | Stock Option (right to buy) | Disposition | 2010-05-04 | 175,000 | $0.00 | 175,000 | $6.78 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2012-02-06 | No | 4 | M | Direct | |
| 1,025,000 | 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 | 65,042 | Indirect | by GRAT |
Footnotes
- Respective amounts reported as beneficially owned directly by the reporting person and indirectly by the GRAT reflect a previously unreported transfer of 26,640 shares from the GRAT to the reporting person.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from 18.83 to 18.95, 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.
- 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.
- The options vested in three equal installments on 02/07/2003, 02/07/2004, and 02/07/2005.
- The options vested in three equal installments on 05/01/2003, 05/01/2004, and 05/01/2005.
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