0001127602-24-001044.txt : 20240108
0001127602-24-001044.hdr.sgml : 20240108
20240108160659
ACCESSION NUMBER: 0001127602-24-001044
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240104
FILED AS OF DATE: 20240108
DATE AS OF CHANGE: 20240108
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bayne John P JR
CENTRAL INDEX KEY: 0001824725
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-03247
FILM NUMBER: 24520116
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]
ORGANIZATION NAME: 04 Manufacturing
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
X0508
4
2024-01-04
0000024741
CORNING INC /NY
GLW
0001824725
Bayne John P JR
ONE RIVERFRONT PLAZA
CORNING
NY
14831
1
SVP &GM, Mobile Consumer Elec.
0
Common Stock
2024-01-04
4
M
0
909
0
A
909
D
Common Stock
2024-01-04
4
F
0
909
30.28
D
0
D
Common Stock - Jt. Tenant W/wife
25658
I
By Trust
Restricted Stock Unit
Common Stock
14853
14853
D
Restricted Stock Unit
Common Stock
2161
2161
D
Restricted Stock Unit
Common Stock
8939
8939
D
Restricted Stock Unit
Common Stock
13618
13618
D
Restricted Stock Unit
2024-01-04
4
M
0
909
0
D
Common Stock
909
14112
D
Ownership has been updated to reflect the transfer of 18,313 shares of Common Stock that the reporting person owned individually into the joint trust account held with spouse.
Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
The restricted stock units (RSUs) vest 1/3 after 1 year from grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.
The restricted stock units (RSUs) vest 2/3 after 1 year and 1/3 after 18 months from the grant date.
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.
Vesting to satisfy tax requirement pursuant to the 2023 agreement.
Linda E. Jolly, Power of Attorney
2024-01-08