SEC Form 4 · accession 0001127602-15-023248
CORNING INC /NY · GLW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric S Musser
Officer — Exec VP, Corning Tech. & Intl.
Period of report
Jul 20, 2015
Accepted (ET)
Jul 22, 2015 · 4:08 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 | Jul 20, 2015 | M | 4,799 | $0.00 | A | 4,799 | D | |
| Common Stock | Jul 20, 2015 | F | 2,363 | $18.91 | D | 2,436 | 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 | — | Jul 20, 2015 | M | 4,799 | D | — | — | Common Stock | 4,799 | 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 July 18, 2012, remained restricted until July 20, 2015, when they vested and converted into GLW common stock per terms of July 2012 Agreement approved by Compensation Committee.