CORNING INC /NY 4
4 · CORNING INC /NY · Filed Jan 3, 2008
Insider Transaction Report
Form 4
SIT EUGENE C
Director
Transactions
- Award
Phantom Stock
2007-12-31+1,208.84→ 19,437.85 totalExercise: $0.00→ Common Stock (1,208.84 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.