SEC Form 4 · accession 0001127602-15-004324
CORNING INC /NY · GLW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christine M Pambianchi
Officer — Senior VP, Human Resources
Period of report
Feb 2, 2015
Accepted (ET)
Feb 4, 2015 · 4:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000024741
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 2, 2015 | M | 16,000 | $21.08 | A | 40,215 | D | |
| Common StockF1 | Feb 2, 2015 | S | 16,000 | $23.7456 | D | 24,215 | D | |
| Common Stock - Held by SpouseF2 | Feb 2, 2015 | M | 3,300 | $13.68 | A | 3,300 | I | Held by Spouse |
| Common Stock - Held by SpouseF2 | Feb 2, 2015 | S | 3,300 | $23.751 | D | 0 | I | Held by Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $21.08 | Feb 2, 2015 | M | 16,000 | D | Dec 7, 2006 | Dec 6, 2015 | Common Stock | 16,000 | 0 | D |
| Stock Options (Right to Buy)F2 | $13.68 | Feb 2, 2015 | M | 3,300 | D | Apr 28, 2006 | Apr 27, 2015 | Common Stock | 3,300 | 0 | I |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.741 to $23.751, 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.
- F2The Reporting Person disclaims beneficial ownership of all securities held by spouse.