SEC Form 4 · accession 0001127602-17-035420
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
Dec 21, 2017
Accepted (ET)
Dec 22, 2017 · 12:13 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 | Dec 21, 2017 | M | 15,953 | $13.04 | A | 136,032 | D | |
| Common Stock | Dec 21, 2017 | M | 35,723 | $13.33 | A | 171,755 | D | |
| Common StockF1 | Dec 21, 2017 | S | 51,676 | $32.4207 | D | 120,079 | D |
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) | $13.04 | Dec 21, 2017 | M | 15,953 | D | Jan 3, 2015 | Jan 2, 2022 | Common Stock | 15,953 | 0 | D |
| Stock Options (Right to Buy) | $13.33 | Dec 21, 2017 | M | 35,723 | D | Mar 28, 2016 | Mar 27, 2023 | Common Stock | 35,723 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.335 to $32.57, 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.