4//SEC Filing
Musser Eric S 4
Accession 0000024741-25-000074
CIK 0000024741other
Filed
Aug 11, 8:00 PM ET
Accepted
Aug 12, 4:03 PM ET
Size
16.7 KB
Accession
0000024741-25-000074
Insider Transaction Report
Form 4
Musser Eric S
President and COO
Transactions
- Exercise/Conversion
Stock Options (Right to Buy)
2025-08-11−18,850→ 0 totalExercise: $19.65Exp: 2030-05-15→ Common Stock (18,850 underlying) - Exercise/Conversion
Common Stock
2025-08-08+3,147→ 166,277 total - Exercise/Conversion
Performance Share Unit
2025-08-08−3,147→ 3,147 total→ Common Stock (3,147 underlying) - Tax Payment
Common Stock
2025-08-08$65.77/sh−1,607$105,692→ 164,670 total - Exercise/Conversion
Common Stock
2025-08-11$19.65/sh+18,850$370,403→ 183,520 total - Sale
Common Stock
2025-08-11$65.31/sh−18,850$1,231,184→ 164,670 total
Holdings
- 45,305
Performance Share Unit
→ Common Stock (45,305 underlying) - 37,864
Performance Share Unit
→ Common Stock (37,864 underlying)
Footnotes (6)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.31 to $65.35, inclusive. The reporting person undertakes to provide to Corning Incorporated, any security holder of Corning Incorporated, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth previously in this footnote.
- [F2]Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
- [F3]Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.
- [F4]Earned PSUs remain restricted until April 15, 2027, when they vest and convert to common stock, subject to service-based vesting requirement.
- [F5]The performance share units (PSUs) earned February 7, 2024 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.
- [F6]On December 2, 2020, the Compensation Committee approved the early vesting of one half of the stock options granted on May 15, 2020. The remaining stock options vested ratably over three years from the grand date.
Documents
Issuer
CORNING INC /NY
CIK 0000024741
Entity typeother
Related Parties
1- filerCIK 0001323968
Filing Metadata
- Form type
- 4
- Filed
- Aug 11, 8:00 PM ET
- Accepted
- Aug 12, 4:03 PM ET
- Size
- 16.7 KB