0001127602-23-015900.txt : 20230517 0001127602-23-015900.hdr.sgml : 20230517 20230517161026 ACCESSION NUMBER: 0001127602-23-015900 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230515 FILED AS OF DATE: 20230517 DATE AS OF CHANGE: 20230517 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: 23931794 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 X0407 4 2023-05-15 0000024741 CORNING INC /NY GLW 0001323998 McRae Lawrence D ONE RIVERFRONT PLAZA CORNING NY 14831 1 Vice Chairman & Corp. Dev. Off 0 Common Stock 2023-05-15 4 M 0 11910 0 A 222018 D Common Stock 2023-05-15 4 M 0 1213 0 A 223231 D Common Stock 2023-05-15 4 F 0 6701 31.20 D 216530 D Common Stock 785.7727 I Held By Wife - Emp. Benefit Plan Common Stock 5857.8399 I Trustee U/employee Benefit Plan Restricted Stock Unit Common Stock 752 752 D Performance Share Unit Common Stock 17239 17239 D Performance Share Unit Common Stock 4562 4562 D Restricted Stock Unit Common Stock 16851 16851 D Restricted Stock Unit Common Stock 20412 20412 D Restricted Stock Unit Common Stock 22318 22318 D Performance Share Unit 2023-05-15 4 M 0 11910 0 D Common Stock 11910 0 D Restricted Stock Unit 2023-05-15 4 M 0 1213 0 D Common Stock 1213 0 D Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of April 28, 2023. 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 (RSUs) vest 2/3 after 1 year and 1/3 after 18 months from the grant date. Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. Earned performance share units (PSUs) remain restricted until April 15, 2024, when they vest and convert to common stock, subject to service-based vesting requirement. Earned performance share units (PSUs) remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement. The restricted stock units (RSUs) vest 100% on April 15, 2024. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date. The restricted stock units (RSUs) vest 100% on April 15, 2025. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date. The restricted stock units (RSUs) vest 100% on April 15, 2026. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date. The performance share units vested on May 15, 2023 pursuant to the 2020 agreement. The restricted stock units vested on May 15, 2023 pursuant to the 2020 agreement. Linda E. Jolly, Power of Attorney 2023-05-17