SEC Form 4 · accession 0001127602-16-065478
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
Oct 27, 2016
Accepted (ET)
Oct 28, 2016 · 4:07 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 Stock | Oct 27, 2016 | M | 19,172 | $13.04 | A | 62,801 | D | |
| Common Stock | Oct 27, 2016 | M | 19,380 | $12.90 | A | 82,181 | D | |
| Common Stock | Oct 27, 2016 | M | 19,275 | $12.97 | A | 101,456 | D | |
| Common StockF1 | Oct 27, 2016 | S | 57,827 | $23.0037 | D | 43,629 | D |
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) | $13.04 | Oct 27, 2016 | M | 19,172 | D | Jan 3, 2015 | Jan 2, 2022 | Common Stock | 19,172 | 0 | D |
| Stock Options (Right to Buy) | $12.90 | Oct 27, 2016 | M | 19,380 | D | Feb 1, 2015 | Jan 31, 2022 | Common Stock | 19,380 | 0 | D |
| Stock Options (Right to Buy) | $12.97 | Oct 27, 2016 | M | 19,275 | D | Mar 1, 2015 | Feb 28, 2022 | Common Stock | 19,275 | 0 | D |
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 $23.00 to $23.0150, inclusive. The reporting person undertakes to provided 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.