SCHNEIDER PAMELA C 4
4 · CORNING INC /NY · Filed Oct 4, 2011
Insider Transaction Report
Form 4
SCHNEIDER PAMELA C
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
2011-10-01+12,882→ 124,188 total - Exercise/Conversion
Common Stock
2011-10-01+8,794→ 127,214 total - Tax Payment
Common Stock
2011-10-01$11.88/sh−5,768$68,524→ 118,420 total - Tax Payment
Common Stock
2011-10-01$11.88/sh−17,687$210,122→ 69,449 total - Exercise/Conversion
Common Stock
2011-10-01+75,790→ 145,239 total - Tax Payment
Common Stock
2011-10-01$11.88/sh−33,933$403,124→ 111,306 total - Exercise/Conversion
Performance Share Unit
2011-10-01−75,790→ 0 total→ Common Stock (75,790 underlying) - Exercise/Conversion
Restricted Stock Unit
2011-10-01−8,794→ 0 total→ Common Stock (8,794 underlying) - Exercise/Conversion
Restricted Stock Unit
2011-10-01−12,882→ 0 total→ Common Stock (12,882 underlying) - Tax Payment
Common Stock
2011-10-01$11.88/sh−4,065$48,292→ 123,149 total
Footnotes (6)
- [F1]Each earned Performance Share Unit represents contingent right to receive one share of GLW common stock.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock
- [F3]Performance Share units earned 2/3/10 per Board Compensation Committee decision of extent performance criteria were met for FY 2009 under 12/08 agreement. Earned units vested at 10/1/11 retirement pursuant to the 12/08 agreement.
- [F4]Vesting pursuant to December 2009 agreement.
- [F5]Price based on 10/3/11 market value as Transaction Date of 10/1/11 was a Saturday.
- [F6]Vesting pursuant to January 2011 agreement.