0001127602-22-014944.txt : 20220518 0001127602-22-014944.hdr.sgml : 20220518 20220518161806 ACCESSION NUMBER: 0001127602-22-014944 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220516 FILED AS OF DATE: 20220518 DATE AS OF CHANGE: 20220518 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: 22939328 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 2022-05-16 0000024741 CORNING INC /NY GLW 0001323998 McRae Lawrence D ONE RIVERFRONT PLAZA CORNING NY 14831 1 Vice Chairman & Corp. Dev. Off Common Stock 2022-05-16 4 M 0 11910 0 A 151746 D Common Stock 2022-05-16 4 M 0 1213 0 A 152959 D Common Stock 2022-05-16 4 F 0 6701 35.20 D 146258 D Common Stock 760.4478 I Held By Wife - Emp. Benefit Plan Common Stock 5667.1975 I Trustee U/employee Benefit Plan Performance Share Unit 2022-05-16 4 M 0 11910 0 D Common Stock 11910 11910 D Restricted Stock Unit 2022-05-16 4 M 0 1213 0 D Common Stock 1213 1213 D Restricted Stock Unit Common Stock 38423 38423 D Performance Share Unit Common Stock 61892 61892 D Restricted Stock Unit Common Stock 16851 16851 D Performance Share Unit Common Stock 13468 13468 D Restricted Stock Unit Common Stock 21452 21452 D The Reporting Person disclaims beneficial ownership of all securities held by spouse. Each Performance Share Unit represents a contingent right to receive one share of Corning Incorporated 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 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. 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. 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. Earned performance share 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, 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. Earned performance share units remain restricted until April 15, 2024, when they vest and convert to GLW common stock, subject to service-based vesting requirement. The Restricted Stock Units vest 100% on April 15, 2025. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2025. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2025. Linda E. Jolly, Power of Attorney 2022-05-18