0001127602-21-017382.txt : 20210519 0001127602-21-017382.hdr.sgml : 20210519 20210519161626 ACCESSION NUMBER: 0001127602-21-017382 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: Morse David L CENTRAL INDEX KEY: 0001547488 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-03247 FILM NUMBER: 21940485 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 0001547488 Morse David L ONE RIVERFRONT PLAZA CORNING NY 14831 1 Exec. VP & Chief Tech. Officer Common Stock 2021-05-17 4 M 0 1062 0 A 56362 D Common Stock 2021-05-17 4 M 0 9809 0 A 66171 D Common Stock 2021-05-17 4 F 0 5325 44.19 D 60846 D Common Stock 510 I Held by Spouse Restricted Stock Unit 2021-05-17 4 M 0 1062 0 D Common Stock 1062 2123 D Performance Share Unit 2021-05-17 4 M 0 9809 0 D Common Stock 9809 19618 D Performance Share Unit Common Stock 29633 29633 D Restricted Stock Unit Common Stock 16749 16749 D Restricted Stock Unit Common Stock 36142 36142 D Restricted Stock Unit Common Stock 16708 16708 D The reporting person disclaims beneficial ownership of all securities held by spouse. 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 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. Each Performance Share Unit represents a contingent right to receive one share of GLW common stock. Performance Share Units were earned February 3, 2021 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2020 pursuant to the May 2020 agreement. Earned units remain restricted until vesting. The earned units will vest ratably over 3 years from the grant date and convert to GLW common stock, subject to service-based vesting requirement. Performance Share Units were earned February 3, 2021 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2020 pursuant to the April 2020 agreement. Earned units remain restricted until April 14, 2023, when they vest and convert to GLW common stock, subject to service-based vesting requirement. 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