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