SEC Form 4 · accession 0001127602-16-068659
CORNING INC /NY · GLW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lisa Ferrero
Officer — Senior Vice President & CAO
Period of report
Nov 29, 2016
Accepted (ET)
Nov 30, 2016 · 4:11 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 29, 2016 | M | 15,182 | $13.33 | A | 25,145 | D | |
| Common Stock | Nov 29, 2016 | M | 13,957 | $14.50 | A | 39,102 | D | |
| Common Stock | Nov 29, 2016 | M | 13,167 | $15.37 | A | 52,269 | D | |
| Common StockF1 | Nov 29, 2016 | S | 42,306 | $24.299 | D | 9,963 | 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) | $13.33 | Nov 29, 2016 | M | 15,182 | D | Mar 28, 2016 | Mar 28, 2023 | Common Stock | 15,182 | 0 | D |
| Stock Options (Right to Buy) | $14.50 | Nov 29, 2016 | M | 13,957 | D | Apr 30, 2016 | Apr 30, 2023 | Common Stock | 13,957 | 0 | D |
| Stock Options (Right to Buy) | $15.37 | Nov 29, 2016 | M | 13,167 | D | May 31, 2016 | May 31, 2023 | Common Stock | 13,167 | 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 $24.29 to $24.31, 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.