CUMMINGS ROBERT F JR 4
4 · CORNING INC /NY · Filed Apr 4, 2023
Insider Transaction Report
Form 4
CUMMINGS ROBERT F JR
Director
Transactions
- Award
Restricted Stock Unit
2023-03-31$35.28/sh+659$23,250→ 120,663 total→ Common Stock (659 underlying)
Holdings
- 460(indirect: By Children)
Common Stock
- 1,059
Restricted Stock Unit
→ Common Stock (1,059 underlying) - 1,841
Restricted Stock Unit
→ Common Stock (1,841 underlying) - 151,199
Common Stock
- 460(indirect: By Children)
Common Stock
- 39,450
Restricted Stock Unit
→ Common Stock (39,450 underlying)
Footnotes (5)
- [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 is deferred until a specific date as elected by the participant or termination of service as a Corning director.
- [F3]Represents annual equity retainer in the form of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Corning Incorporated common stock.
- [F4]Represents restricted stock units (RSUs) granted under the Non-Employee Directors' Deferred Compensation Plan. Each RSU represents a contingent right to receive one share of Corning Incorporated common stock.
- [F5]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.