SIT EUGENE C 4
4 · CORNING INC /NY · Filed Jan 3, 2007
Insider Transaction Report
Form 4
SIT EUGENE C
Director
Transactions
- Award
Phantom Stock
2006-12-29+1,437.73→ 15,130.42 totalExercise: $0.00→ Common Stock (1,437.73 underlying)
Footnotes (2)
- [F1]Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.
- [F2]Distribution of phantom stock units in cash under the Non-Employee Directors' Deferred Compensation Plan is deferred until a specific date as elected by the participant or termination of service as a Director of Corning.