SEC Form 4 · accession 0001127602-17-000643
CORNING INC /NY · GLW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephanie Burns
Director
Period of report
Dec 30, 2016
Accepted (ET)
Jan 4, 2017 · 4:25 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 StockF1 | Jan 3, 2017 | M | 2,270 | $0.00 | A | 49,288 | 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 UnitF2,F3 | — | Dec 30, 2016 | A | 464 | A | — | — | Common Stock | 464 | 6,961 | D |
| Restricted Stock UnitF1,F3 | — | Jan 3, 2017 | M | 2,270 | D | — | — | Common Stock | 2,270 | 4,691 | D |
Explanation of responses
- F1Each restricted stock unit represented a contingent right to receive one share of Corning Incorporated Common Stock.
- F2Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
- F3Conversion of restricted stock units to the company's common stock and distribution of such stock under the Non-Employee Directors' Deferred Compensation Plan is deferred until a specific date as elected by the participant or termination of service as a Corning director.