SEC Form 4 · accession 0001127602-15-015534
CORNING INC /NY · GLW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L Morse
Officer — Executive Vice President
Period of report
Apr 27, 2015
Accepted (ET)
Apr 29, 2015 · 4:04 pm EDT
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 StockF1 | Apr 27, 2015 | M | 6,732 | — | A | 22,090 | D | |
| Common Stock | Apr 27, 2015 | F | 3,314 | $22.38 | D | 18,776 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Apr 27, 2015 | M | 6,732 | D | — | — | Common Stock | 6,732 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represented a contingent right to receive one share of Corning Incorporated Common Stock.
- F2Earned Restricted Stock Units awarded April 26, 2012 remained restricted until April 27, 2015 when they vested and converted into GLW common stock per terms of the April 2012 Agreement approved by Compensation Committee.