0001127602-21-017374.txt : 20210519
0001127602-21-017374.hdr.sgml : 20210519
20210519160921
ACCESSION NUMBER: 0001127602-21-017374
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210517
FILED AS OF DATE: 20210519
DATE AS OF CHANGE: 20210519
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bell Michael Alan
CENTRAL INDEX KEY: 0001826462
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-03247
FILM NUMBER: 21940382
MAIL ADDRESS:
STREET 1: ONE RIVERFRONT PLAZA
CITY: CORNING
STATE: NY
ZIP: 14831
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CORNING INC /NY
CENTRAL INDEX KEY: 0000024741
STANDARD INDUSTRIAL CLASSIFICATION: DRAWING AND INSULATING NONFERROUS WIRE [3357]
IRS NUMBER: 160393470
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: ONE RIVERFRONT PLAZA
CITY: CORNING
STATE: NY
ZIP: 14831
BUSINESS PHONE: 6079749000
MAIL ADDRESS:
STREET 1: ONE RIVERFRONT PLAZA
CITY: CORNING
STATE: NY
ZIP: 14831
FORMER COMPANY:
FORMER CONFORMED NAME: CORNING GLASS WORKS
DATE OF NAME CHANGE: 19890512
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2021-05-17
0000024741
CORNING INC /NY
GLW
0001826462
Bell Michael Alan
ONE RIVERFRONT PLAZA
CORNING
NY
14831
1
Senior VP & GM, Optical Comm.
Common Stock
2021-05-17
4
M
0
3084
19.65
A
7976
D
Common Stock
2021-05-17
4
S
0
3084
44.0217
D
4892
D
Common Stock
2021-05-17
4
M
0
4275
0
A
4275
D
Common Stock
2021-05-17
4
M
0
617
0
A
4892
D
Common Stock
2021-05-17
4
F
0
2187
44.19
D
2705
D
Common Stock
667.3774
I
Trustee u/Employee Benefit Plan
Stock Options (Right to Buy)
19.65
2021-05-17
4
M
0
3084
0
D
2030-05-15
Common Stock
3084
6166
D
Restricted Stock Unit
2021-05-17
4
M
0
4275
0
D
Common Stock
4275
8550
D
Restricted Stock Unit
2021-05-17
4
M
0
617
0
D
Common Stock
617
1233
D
Restricted Stock Unit
Common Stock
5795
5795
D
Restricted Stock Unit
Common Stock
12681
12681
D
Restricted Stock Unit
Common Stock
9548
9548
D
Restricted Stock Unit
Common Stock
2676
2676
D
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.
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.
Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
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.
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.
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.
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.
Linda E. Jolly, Power of Attorney
2021-05-19