SEC Form 4 · accession 0001127602-16-068313
CORNING INC /NY · GLW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James P Clappin
Officer — President, Corning Glass Tech.
Period of report
Nov 22, 2016
Accepted (ET)
Nov 23, 2016 · 2:13 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 | Nov 22, 2016 | M | 14,666 | $17.82 | A | 81,255 | D | |
| Common Stock | Nov 22, 2016 | M | 28,579 | $13.33 | A | 109,834 | D | |
| Common Stock | Nov 22, 2016 | M | 26,273 | $14.50 | A | 136,107 | D | |
| Common Stock | Nov 22, 2016 | M | 24,785 | $15.37 | A | 160,892 | D | |
| Common StockF1 | Nov 22, 2016 | S | 94,303 | $24.0108 | D | 66,589 | 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) | $17.82 | Nov 22, 2016 | M | 14,666 | D | Dec 2, 2010 | Dec 1, 2019 | Common Stock | 14,666 | 0 | D |
| Stock Options (Right to Buy) | $13.33 | Nov 22, 2016 | M | 28,579 | D | Mar 28, 2016 | Mar 27, 2023 | Common Stock | 28,579 | 0 | D |
| Stock Options (Right to Buy) | $14.50 | Nov 22, 2016 | M | 26,273 | D | Apr 30, 2016 | Apr 29, 2023 | Common Stock | 26,273 | 0 | D |
| Stock Options (Right to Buy) | $15.37 | Nov 22, 2016 | M | 24,785 | D | May 31, 2016 | May 30, 2023 | Common Stock | 24,785 | 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 $24.00 to $24.05, 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.