SEC Form 4 · accession 0001127602-16-069565
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
Dec 7, 2016
Accepted (ET)
Dec 9, 2016 · 3:31 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 - Held by SpouseF1 | Dec 7, 2016 | M | 8,038 | $13.33 | A | 8,038 | I | Held by Spouse |
| Common Stock - Held by SpouseF2,F1 | Dec 7, 2016 | S | 8,038 | $24.1108 | D | 0 | I | Held by Spouse |
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)F1 | $13.33 | Dec 7, 2016 | M | 8,038 | D | Mar 28, 2016 | Mar 28, 2023 | Common Stock | 8,038 | 0 | I |
Explanation of responses
- F1The Reporting Person disclaims beneficial ownership of all securities held by spouse.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.11 to $24.115, 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.