SMITHBURG WILLIAM D 4
4 · CORNING INC /NY · Filed Jul 1, 2011
Insider Transaction Report
Form 4
SMITHBURG WILLIAM D
Director
Transactions
- Award
Phantom Stock
2011-06-30+2,725.19→ 148,630.97 totalExercise: $0.00→ Common Stock (2,725.19 underlying)
Footnotes (3)
- [F1]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.
- [F2]Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.
- [F3]Includes 401.94 units acquired pursuant to dividend reinvestment feature of Non-Employee Directors' Deferred Compensation Plan for which no additional price was paid.