SEC Form 4 · accession 0001127602-17-031174
CORNING INC /NY · GLW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark S Rogus
Other
Period of report
Nov 1, 2017
Accepted (ET)
Nov 3, 2017 · 3:10 pm EDT
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 | Nov 1, 2017 | M | 8,019 | $0.00 | A | 103,110 | D | |
| Common StockF1 | Nov 1, 2017 | M | 8,889 | $0.00 | A | 111,999 | D | |
| Common StockF1 | Nov 1, 2017 | M | 6,172 | $0.00 | A | 118,171 | D | |
| Common Stock | Nov 1, 2017 | F | 11,506 | $31.63 | D | 106,665 | 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 | — | Nov 1, 2017 | M | 8,019 | D | — | — | Common Stock | 8,019 | 0 | D |
| Restricted Stock UnitF1,F3 | — | Nov 1, 2017 | M | 8,889 | D | — | — | Common Stock | 8,889 | 0 | D |
| Restricted Stock UnitF1,F4 | — | Nov 1, 2017 | M | 6,172 | D | — | — | Common Stock | 6,172 | 1,235 | D |
| Restricted Stock UnitF5,F1,F6,F7 | — | Nov 1, 2017 | D | 1,235 | D | — | — | Common Stock | 1,235 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represented a contingent right to receive one share of Corning Incorporated Common Stock.
- F2Earned Restricted Stock Units awarded March 31, 2015 remained restricted until November 1, 2017, when they vested and converted into GLW common stock per terms of March 2015 Agreement approved by Compensation Committee.
- F3Earned Restricted Stock Units awarded March 31, 2016 remained restricted until November 1, 2017, when they vested and converted into GLW common stock per terms of March 2016 Agreement approved by Compensation Committee.
- F4Earned Restricted Stock Units awarded March 31, 2017 remained restricted until November 1, 2017, when they vested and converted into GLW common stock per terms of March 2017 Agreement approved by Compensation Committee.
- F5Represents the forfeiture of Restricted Stock Units awarded March 31, 2017, per terms of March 2017 Agreement approved by Compensation Committee.
- F6Restricted Stock Units awarded March 31, 2017 were forfeited on November 1, 2017 per terms of March 2017 Agreement approved by Compensation Committee.
- F7Not applicable,