CORNING INC /NY 4
4 · CORNING INC /NY · Filed Feb 19, 2015
Insider Transaction Report
Form 4
GREGG KIRK P
Exec. VP & Chief Admin.Officer
Transactions
- Exercise/Conversion
Common Stock
2015-02-17+36,569→ 182,998 total - Tax Payment
Common Stock
2015-02-17$24.60/sh−18,000$442,800→ 164,998 total - Exercise/Conversion
Common Stock
2015-02-18$12.90/sh+32,300$416,670→ 197,298 total - Sale
Common Stock
2015-02-18$24.62/sh−50,869$1,252,639→ 146,429 total - Exercise/Conversion
Restricted Stock Unit
2015-02-17−36,569→ 0 total→ Common Stock (36,569 underlying) - Exercise/Conversion
Stock Options (Right to Buy)
2015-02-18−32,300→ 0 totalExercise: $12.90From: 2015-02-01Exp: 2022-01-31→ Common Stock (32,300 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represented a contingent right to receive one share of Corning Incorporated Common Stock.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.5550 to $24.6650 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.
- [F3]Earned Restricted Stock Units awarded January 3, 2012 remained restricted until February 17, 2015, when they vested and converted into GLW common stock per terms of January 2012 Agreement approved by Compensation Committee.