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