SEC Form 4 · accession 0001127602-17-001046
CORNING INC /NY · GLW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence D McRae
Officer — Vice Chairman & Corp. Dev. Off
Period of report
Jan 3, 2017
Accepted (ET)
Jan 5, 2017 · 4:10 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 | 1,424 | $0.00 | A | 114,326 | D | |
| Common Stock | Jan 3, 2017 | F | 1,424 | $24.30 | D | 112,902 | 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 UnitF1,F2 | — | Jan 3, 2017 | M | 1,424 | D | — | — | Common Stock | 1,424 | 25,503 | D |
Explanation of responses
- F1Each restricted stock unit represented a contingent right to receive one share of Corning Incorporated Common Stock.
- F2Vesting to satisfy tax requirement pursuant to the March 2016 agreement.