Filing Details
- Accession Number:
- 0001127602-23-015896
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-05-17 16:08:28
- Reporting Period:
- 2023-05-15
- Accepted Time:
- 2023-05-17 16:08:28
- 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 |
---|---|---|---|---|---|---|---|
1531116 | W Jeffrey Evenson | One Riverfront Plaza Corning NY 14831 | Exec. Vp & Chief Strategy Off | No | Yes | No | No |
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 | 2023-05-15 | 6,904 | $20.82 | 98,686 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2023-05-15 | 6,875 | $20.91 | 105,561 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2023-05-15 | 6,749 | $21.30 | 112,310 | No | 4 | M | Direct | |
Common Stock | Disposition | 2023-05-15 | 20,528 | $31.04 | 91,782 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2023-05-15 | 7,507 | $0.00 | 99,289 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2023-05-15 | 867 | $0.00 | 100,156 | No | 4 | M | Direct | |
Common Stock | Disposition | 2023-05-15 | 4,276 | $31.20 | 95,880 | No | 4 | F | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | F | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Options (Right to Buy) | Disposition | 2023-05-15 | 6,904 | $0.00 | 6,904 | $20.82 |
Common Stock | Stock Options (Right to Buy) | Disposition | 2023-05-15 | 6,875 | $0.00 | 6,875 | $20.91 |
Common Stock | Stock Options (Right to Buy) | Disposition | 2023-05-15 | 6,749 | $0.00 | 6,749 | $21.30 |
Common Stock | Restricted Stock Unit | Disposition | 2023-05-15 | 7,507 | $0.00 | 7,507 | $0.00 |
Common Stock | Restricted Stock Unit | Disposition | 2023-05-15 | 867 | $0.00 | 867 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2017-03-31 | 2024-03-29 | No | 4 | M | Direct |
0 | 2017-04-30 | 2024-04-29 | No | 4 | M | Direct |
0 | 2017-05-30 | 2024-05-29 | No | 4 | M | Direct |
0 | No | 4 | M | Direct | ||
0 | No | 4 | M | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Stock Unit | $0.00 | 19,700 | 19,700 | Direct | ||
Common Stock | Restricted Stock Unit | $0.00 | 5,373 | 5,373 | Direct | ||
Common Stock | Restricted Stock Unit | $0.00 | 11,577 | 11,577 | Direct | ||
Common Stock | Restricted Stock Unit | $0.00 | 16,415 | 16,415 | Direct | ||
Common Stock | Restricted Stock Unit | $0.00 | 18,026 | 18,026 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
19,700 | 19,700 | Direct | |
5,373 | 5,373 | Direct | |
11,577 | 11,577 | Direct | |
16,415 | 16,415 | Direct | |
18,026 | 18,026 | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.975 to $31.11, inclusive. The reporting person undertakes to provide to Corning Incorporated, any security holder of Corning Incorporated, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth previously in this footnote.
- Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
- The restricted stock units (RSUs) vest 1/3 after 1 year from grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.
- The restricted stock units (RSUs) vest 2/3 after 1 year and 1/3 after 18 months from the grant date.
- 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.
- 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.
- 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.
- The restricted stock units vested on May 15, 2023 pursuant to the 2020 agreement.