SEC Form 4 · accession 0001127602-17-013901
CORNING INC /NY · GLW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert F Cummings Jr.
Director
Period of report
Mar 31, 2017
Accepted (ET)
Apr 4, 2017 · 4:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000024741
Table I — non-derivative securities
No Table I lines on this filing.
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 | — | Mar 31, 2017 | A | 1,436 | A | — | — | Common Stock | 1,436 | 88,491 | D |
| Restricted Stock UnitF3,F1,F2 | — | Mar 31, 2017 | A | 500 | A | — | — | Common Stock | 500 | 88,991 | D |
| Restricted Stock UnitF4,F5 | — | holding | — | — | — | — | — | Common Stock | 5,914 | 5,914 | D |
Explanation of responses
- F1Represents restricted stock units granted under the Non-Employee Directors' Deferred Commpensation Plan. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
- F2Conversion 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.
- F3Units acquired pursuant to dividend reinvestment feature of Non-Employee Directors' Deferred Compensation Plan for which no additional price was paid.
- F4Represents annual equity retainer in the form of restricted stock units granted under the 2010 Equity Plan For Non-Employee Directors. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
- F5Conversion of restricted stock units to the Company's common stock and distribution of such stock is deferred until a specific date as elected by the participant or termination of service as a Corning director.