Form Type: 4

SEC EDGAR Link
Accession Number:0001127602-21-017374
Date:2021-05-17
Issuer: CORNING INC /NY (GLW)
Original Submission Date:

Reporting Person:

BELL MICHAEL ALAN
ONE RIVERFRONT PLAZA
CORNING, NY 14831

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-05-17 M 3,084 a $19.65 7,976 direct
COMMON STOCK 2021-05-17 S 3,084 d $44.02 4,892 direct
COMMON STOCK 2021-05-17 M 4,275 a $0.00 4,275 direct
COMMON STOCK 2021-05-17 M 617 a $0.00 4,892 direct
COMMON STOCK 2021-05-17 F 2,187 d $44.19 2,705 direct
COMMON STOCK 2021-05-17 0 $0.00 667 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
STOCK OPTIONS (RIGHT TO BUY) 19.65 2021-05-17 deemed execution date M 3,084 (d) 2030-05-15 common stock 3,084 $19.65 6,166 direct
RESTRICTED STOCK UNIT 0.0 2021-05-17 deemed execution date M 4,275 (d) common stock 4,275 $0.00 8,550 direct
RESTRICTED STOCK UNIT 0.0 2021-05-17 deemed execution date M 617 (d) common stock 617 $0.00 1,233 direct
RESTRICTED STOCK UNIT 0.0 deemed execution date 0 ( ) common stock 5,795 $0.00 5,795 direct
RESTRICTED STOCK UNIT 0.0 deemed execution date 0 ( ) common stock 12,681 $0.00 12,681 direct
RESTRICTED STOCK UNIT 0.0 deemed execution date 0 ( ) common stock 9,548 $0.00 9,548 direct
RESTRICTED STOCK UNIT 0.0 deemed execution date 0 ( ) common stock 2,676 $0.00 2,676 direct
Footnotes
IDfootnote
f1 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $43.635 to $44.27, 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.
f2 on december 2, 2020, the compensation committee approved the early vesting of one half of the stock options granted on may 15, 2020. the remaining stock options will vest ratably over three years from the grand date.
f3 each restricted stock unit represents a contingent right to receive one share of corning incorporated common stock.
f4 the restricted stock units will vest ratably over three years from the may 15, 2020 grant date. vested shares will be delivered to the reporting person within sixty (60) days after vesting. events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting dates.
f5 the restricted stock units vest 100% on april 15, 2022. vested shares will be delivered to the reporting person within thirty (30) days after april 15, 2022. events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to april 15, 2022.
f6 the restricted stock units vest 100% on april 14, 2023. vested shares will be delivered to the reporting person within thirty (30) days after april 14, 2023. events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to april 14, 2023.
f7 the restricted stock units vest 100% on april 15, 2024. vested shares will be delivered to the reporting person within thirty (30) days after april 15, 2024. events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to april 15, 2024.
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