4//SEC Filing
Curran Martin J 4
Accession 0001127602-24-013078
CIK 0000024741other
Filed
Apr 16, 8:00 PM ET
Accepted
Apr 17, 3:42 PM ET
Size
22.5 KB
Accession
0001127602-24-013078
Insider Transaction Report
Form 4
Curran Martin J
Other
Transactions
- Exercise/Conversion
Performance Share Unit
2024-04-15−18,811→ 0 total→ Common Stock (18,811 underlying) - Tax Payment
Common Stock
2024-04-15$31.29/sh−14,802$463,155→ 21,416 total - Exercise/Conversion
Restricted Stock Unit
2024-04-15−12,892→ 0 total→ Common Stock (12,892 underlying) - Exercise/Conversion
Common Stock
2024-04-15+12,892→ 17,407 total - Exercise/Conversion
Common Stock
2024-04-15+18,811→ 36,218 total
Holdings
- 7,802
Performance Share Unit
→ Common Stock (7,802 underlying) - 16,216
Restricted Stock Unit
→ Common Stock (16,216 underlying) - 19,054
Restricted Stock Unit
→ Common Stock (19,054 underlying) - 1,754
Restricted Stock Unit
→ Common Stock (1,754 underlying) - 65,598(indirect: By Trust)
Common Stock - Jt. Tenant W/wife
- 12,858
Restricted Stock Unit
→ Common Stock (12,858 underlying) - 16,817
Restricted Stock Unit
→ Common Stock (16,817 underlying) - 4,328
Performance Share Unit
→ Common Stock (4,328 underlying)
Footnotes (11)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
- [F10]The restricted stock units (RSUs) vested 100% on April 15, 2024.
- [F11]The performance share units (PSUs) vested 100% on April 15, 2024.
- [F2]The restricted stock units (RSUs) granted on February 8, 2023 will vest 1/3 after 1 year from the grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.
- [F3]The restricted stock units (RSUs) granted on February 8, 2023 will vest 2/3 after 1 year and 1/3 after 18 months from the grant date.
- [F4]Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
- [F5]Earned PSUs remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement.
- [F6]Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.
- [F7]The restricted stock units (RSUs) vest 100% on April 15, 2025. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
- [F8]The restricted stock units (RSUs) vest 100% on April 15, 2027. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
- [F9]The restricted stock units (RSUs) vest 100% on April 15, 2026. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
Documents
Issuer
CORNING INC /NY
CIK 0000024741
Entity typeother
Related Parties
1- filerCIK 0001639831
Filing Metadata
- Form type
- 4
- Filed
- Apr 16, 8:00 PM ET
- Accepted
- Apr 17, 3:42 PM ET
- Size
- 22.5 KB