CORNING INC /NY 4
4 · CORNING INC /NY · Filed Jul 2, 2014
Insider Transaction Report
Form 4
BROWN JOHN SEELY
Director
Transactions
- Award
Restricted Stock Unit
2014-06-30$21.95/sh+865.6$19,000→ 111,633.78 total→ Common Stock (865.6 underlying) - Award
Restricted Stock Unit
2014-06-30$21.95/sh+504.64$11,077→ 112,138.42 total→ Common Stock (504.64 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
- [F2]Conversion of restricted stock units to the company's common stock and distribution of such stock 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 Corning director.
- [F3]Units acquired pursuant to dividend reinvestment feature of Non-Employee Directors' Deferred Compensation Plan for which no additional price was paid.