0001127602-24-013087.txt : 20240417
0001127602-24-013087.hdr.sgml : 20240417
20240417154722
ACCESSION NUMBER: 0001127602-24-013087
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240415
FILED AS OF DATE: 20240417
DATE AS OF CHANGE: 20240417
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: STEVERSON LEWIS A
CENTRAL INDEX KEY: 0001508144
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-03247
FILM NUMBER: 24850792
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
2024-04-15
0000024741
CORNING INC /NY
GLW
0001508144
STEVERSON LEWIS A
ONE RIVERFRONT PLAZA
CORNING
NY
14831
1
EVP and CLAO
0
Common Stock
2024-04-15
4
M
0
22430
0
A
55550
D
Common Stock
2024-04-15
4
M
0
32450
0
A
88000
D
Common Stock
2024-04-15
4
F
0
26728
31.29
D
61272
D
Performance Share Unit
Common Stock
7830
7830
D
Restricted Stock Unit
Common Stock
970
970
D
Performance Share Unit
Common Stock
14287
14287
D
Performance Share Unit
Common Stock
7928
7928
D
Restricted Stock Unit
Common Stock
29955
29955
D
Restricted Stock Unit
Common Stock
34894
34894
D
Restricted Stock Unit
Common Stock
31109
31109
D
Restricted Stock Unit
2024-04-15
4
M
0
22430
0
D
Common Stock
22430
0
D
Performance Share Unit
2024-04-15
4
M
0
32450
0
D
Common Stock
32450
0
D
Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
Performance share units (PSUs) were earned February 7, 2024 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2023 pursuant to the 2023 agreement. Earned PSUs remain restricted until vesting. The earned units will vest 1/3 after 1 year from the February 8, 2023 grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.
Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
The restricted stock units (RSUs) granted on February 8, 2023 will vest 2/3 after 1 year and 1/3 after 18 months from the grant date.
Earned PSUs remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement.
Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.
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, 2027. 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 restricted stock units (RSUs) vested 100% on April 15, 2024.
The performance share units (PSUs) vested 100% on April 15, 2024.
Linda E. Jolly, Power of Attorney
2024-04-17