4//SEC Filing
Morse David L 4
Accession 0001127602-22-003365
CIK 0000024741other
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 4:14 PM ET
Size
19.8 KB
Accession
0001127602-22-003365
Insider Transaction Report
Form 4
Morse David L
Exec Vice President 2 of 2
Transactions
- Exercise/Conversion
Common Stock
2022-02-02+1,052→ 1,052 total - Exercise/Conversion
Common Stock
2022-02-02+467→ 1,519 total - Exercise/Conversion
Performance Share Unit
2022-02-02−467→ 12,691 total→ Common Stock (467 underlying) - Award
Performance Share Unit
2022-02-02+13,158→ 13,158 total→ Common Stock (13,158 underlying) - Tax Payment
Common Stock
2022-02-02$42.74/sh−1,519$64,922→ 0 total - Award
Performance Share Unit
2022-02-02+29,671→ 59,304 total→ Common Stock (29,671 underlying) - Exercise/Conversion
Performance Share Unit
2022-02-02−1,052→ 58,252 total→ Common Stock (1,052 underlying)
Holdings
- 10(indirect: By Spouse)
Common Stock
- 55,800(indirect: By Trust)
Common Stock
- 19,618
Performance Share Unit
→ Common Stock (19,618 underlying)
Footnotes (8)
- [F1]Each Performance Share Unit represents a contingent right to receive one share of GLW common stock.
- [F2]The reporting person disclaims beneficial ownership of all securities held by spouse.
- [F3]The reporting person is trustee and beneficiary of the trust.
- [F4]Performance Share Units were earned February 2, 2022 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2021 pursuant to the 2020 agreement. Earned units remain restricted until April 14, 2023, when they vest and convert to GLW common stock, subject to service-based vesting requirement.
- [F5]Performance Share Units were earned February 2, 2022 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2021 pursuant to the 2021 agreement. Earned units remain restricted until April 15, 2024, when they vest and convert to GLW common stock, subject to service-based vesting requirement.
- [F6]Vesting to satisfy tax requirement pursuant to the 2020 agreement.
- [F7]Vesting to satisfy tax requirement pursuant to the 2021 agreement.
- [F8]Performance Share Units were earned February 3, 2021 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2020 pursuant to the 2020 agreement. Earned units remain restricted until vesting. The earned units will vest ratably over 3 years from the grant date and convert to GLW common stock, subject to service-based vesting requirement.
Documents
Issuer
CORNING INC /NY
CIK 0000024741
Entity typeother
Related Parties
1- filerCIK 0001547488
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 4:14 PM ET
- Size
- 19.8 KB