SEC Form 4 · accession 0001127602-16-057140
CORNING INC /NY · GLW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lewis A Steverson
Officer — Senior Vice President
Period of report
Jul 1, 2016
Accepted (ET)
Jul 5, 2016 · 4:06 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 1, 2016 | M | 25,952 | — | A | 77,855 | D | |
| Common Stock | Jul 1, 2016 | F | 13,384 | $20.29 | D | 64,471 | D | |
| Common Stock | Jul 1, 2016 | F | 26,767 | $20.29 | D | 37,704 | 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 1, 2016 | M | 25,952 | D | — | — | Common Stock | 25,952 | 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 1, 2013 remained restricted until July 1, 2016, when they vested and converted into GLW common stock per terms of July 2013 Agreement approved by Compensation Committee.