SEC Form 4 · accession 0001127602-18-014847
CORNING INC /NY · GLW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christine M Pambianchi
Officer — Senior VP, Human Resources
Period of report
Apr 16, 2018
Accepted (ET)
Apr 18, 2018 · 4:11 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 | Apr 16, 2018 | M | 12,401 | $0.00 | A | 69,046 | D | |
| Common Stock - Held by SpouseF1,F2 | Apr 16, 2018 | M | 1,378 | $0.00 | A | 2,257 | I | Held by Spouse |
| Common Stock | Apr 16, 2018 | F | 6,073 | $27.49 | D | 62,973 | D | |
| Common Stock - Held by SpouseF2 | Apr 16, 2018 | F | 469 | $27.49 | D | 1,788 | I | Held by Spouse |
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,F3 | — | Apr 16, 2018 | M | 12,401 | D | — | — | Common Stock | 12,401 | 0 | D |
| Restricted Stock UnitF1,F2,F3 | — | Apr 16, 2018 | M | 1,378 | D | — | — | Common Stock | 1,378 | 0 | I |
Explanation of responses
- F1Each restricted stock unit represented a contingent right to receive one share of Corning Incorporated Common Stock.
- F2The Reporting Person disclaims beneficial ownership of all securities held by spouse.
- F3Earned Restricted Stock Units awarded March 31, 2015 remained restricted until April 16, 2018, when they vested and converted into GLW common stock per terms of March 2015 Agreement approved by Compensation Committee.