0001127602-22-003364.txt : 20220204
0001127602-22-003364.hdr.sgml : 20220204
20220204161352
ACCESSION NUMBER: 0001127602-22-003364
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220202
FILED AS OF DATE: 20220204
DATE AS OF CHANGE: 20220204
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: McRae Lawrence D
CENTRAL INDEX KEY: 0001323998
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-03247
FILM NUMBER: 22593649
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
2022-02-02
0000024741
CORNING INC /NY
GLW
0001323998
McRae Lawrence D
ONE RIVERFRONT PLAZA
CORNING
NY
14831
1
Vice Chairman & Corp. Dev. Off
Common Stock
2022-02-02
4
M
0
1118
A
173932
D
Common Stock
2022-02-02
4
M
0
495
A
174427
D
Common Stock
2022-02-02
4
F
0
1613
42.74
D
172814
D
Common Stock
5627.5943
I
Trustee U/employee Benefit Plan
Common Stock
755.6267
I
Held By Wife - Emp. Benefit Plan
Performance Share Unit
2022-02-02
4
A
0
31525
0
A
Common Stock
31525
63010
D
Performance Share Unit
2022-02-02
4
A
0
13963
0
A
Common Stock
13963
13963
D
Performance Share Unit
2022-02-02
4
M
0
1118
D
Common Stock
1118
61892
D
Performance Share Unit
2022-02-02
4
M
0
495
D
Common Stock
495
13468
D
Performance Share Unit
Common Stock
23820
23820
D
Each Performance Share Unit represents a contingent right to receive one share of GLW common stock.
The Reporting Person disclaims beneficial ownership of all securities held by spouse.
Performance Share Units were earned February 2, 2022 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2021 pursuant to the 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.
Performance Share Units were earned February 2, 2022 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2021 pursuant to the 2021 agreement. Earned units remain restricted until April 15, 2024, when they vest and convert to GLW common stock, subject to service-based vesting requirement.
Vesting to satisfy tax requirement pursuant to the 2020 agreement.
Vesting to satisfy tax requirement pursuant to the 2021 agreement.
Performance Share Units were earned February 3, 2021 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2020 pursuant to the 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.
Linda E. Jolly, Power of Attorney
2022-02-04