Samsung Display Co., Ltd. 4
4 · CORNING INC /NY · Filed Apr 8, 2021
Insider Transaction Report
Form 4
CORNING INC /NYNYSE: GLW
Samsung Display Co., Ltd.
10% Owner
Transactions
- Conversion
Common Stock
2021-04-08+115,000,000→ 115,000,000 total - Conversion
Series A Convertible Preferred Stock
2021-04-08−2,300→ 0 totalExercise: $0.00From: 2021-01-15→ Common Stock (115,000,000 underlying) - Sale
Common Stock
2021-04-08$43.49/sh−35,000,000$1,522,150,000→ 80,000,000 total
Footnotes (3)
- [F1]On April 8, 2021, the Reporting Person elected to convert 2,300 shares of Series A Convertible Preferred Stock (which is convertible into shares of the Issuer's common stock on a 1:50,000 basis) into 115,000,000 shares of the Issuer's common stock.
- [F2]On April 8, 2021, the Reporting Person sold 35,000,000 shares of common stock to the Issuer at a price of $1,522,150,000.
- [F3]The Series A Convertible Preferred Stock was convertible into shares of the Issuer's common stock at any time after January 15, 2021, at the holder's election, and has no expiration date.