4//SEC Filing
McRae Lawrence D 4
Accession 0001127602-24-004002
CIK 0000024741other
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 4:25 PM ET
Size
31.2 KB
Accession
0001127602-24-004002
Insider Transaction Report
Form 4
McRae Lawrence D
Senior Vice President
Transactions
- Award
Performance Share Unit
2024-02-07+7,481→ 24,720 total→ Common Stock (7,481 underlying) - Exercise/Conversion
Performance Share Unit
2024-02-07−266→ 24,454 total→ Common Stock (266 underlying) - Exercise/Conversion
Performance Share Unit
2024-02-07−3,017→ 0 total→ Common Stock (3,017 underlying) - Exercise/Conversion
Common Stock
2024-02-07+200→ 213,525 total - Exercise/Conversion
Common Stock
2024-02-07+192→ 213,717 total - Exercise/Conversion
Common Stock
2024-02-07+266→ 213,983 total - Tax Payment
Common Stock
2024-02-07$31.79/sh−658$20,918→ 213,325 total - Exercise/Conversion
Common Stock
2024-02-07+3,017→ 216,342 total - Award
Performance Share Unit
2024-02-07+5,624→ 5,624 total→ Common Stock (5,624 underlying) - Award
Performance Share Unit
2024-02-07+3,017→ 3,017 total→ Common Stock (3,017 underlying) - Award
Performance Share Unit
2024-02-07+5,406→ 9,968 total→ Common Stock (5,406 underlying) - Exercise/Conversion
Performance Share Unit
2024-02-07−192→ 9,776 total→ Common Stock (192 underlying) - Tax Payment
Common Stock
2024-02-07$31.79/sh−1,088$34,588→ 215,254 total - Exercise/Conversion
Performance Share Unit
2024-02-07−200→ 5,424 total→ Common Stock (200 underlying)
Holdings
- 1,045(indirect: By Spouse)
Common Stock
Footnotes (12)
- [F1]Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
- [F10]Vesting to satisfy tax requirement pursuant to the 2022 agreement.
- [F11]Vesting to satisfy tax requirement pursuant to the 2021 agreement.
- [F12]The performance share units vested 100% on February 7, 2024.
- [F2]Includes 7,800 shares previously held indirectly in a unitized stock fund through the issuer's 401(k) plan.
- [F3]1,045 shares previously held indirectly by Spouse in a unitized stock fund through the issuer's 401(k) plan.
- [F4]The reporting person disclaims beneficial ownership of all securities held by spouse.
- [F5]Performance share units (PSUs) were earned February 7, 2024 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2023 pursuant to the 2023 agreement. Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.
- [F6]Performance share units (PSUs) were earned February 7, 2024 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2023 pursuant to the 2023 agreement.
- [F7]Performance share units (PSUs) were earned February 7, 2024 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2023 pursuant to the 2022 agreement. Earned PSUs remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement.
- [F8]Performance share units (PSUs) were earned February 7, 2024 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2023 pursuant to the 2021 agreement. Earned PSUs remain restricted until April 15, 2024, when they vest and convert to common stock, subject to service-based vesting requirement.
- [F9]Vesting to satisfy tax requirement pursuant to the 2023 agreement.
Documents
Issuer
CORNING INC /NY
CIK 0000024741
Entity typeother
Related Parties
1- filerCIK 0001323998
Filing Metadata
- Form type
- 4
- Filed
- Feb 7, 7:00 PM ET
- Accepted
- Feb 8, 4:25 PM ET
- Size
- 31.2 KB