4//SEC Filing
McRae Lawrence D 4
Accession 0001127602-24-013080
CIK 0000024741other
Filed
Apr 16, 8:00 PM ET
Accepted
Apr 17, 3:43 PM ET
Size
18.3 KB
Accession
0001127602-24-013080
Insider Transaction Report
Form 4
McRae Lawrence D
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
2024-04-15+16,851→ 232,105 total - Tax Payment
Common Stock
2024-04-15$31.29/sh−20,117$629,461→ 236,442 total - Exercise/Conversion
Common Stock
2024-04-15+24,454→ 256,559 total - Exercise/Conversion
Restricted Stock Unit
2024-04-15−16,851→ 0 total→ Common Stock (16,851 underlying) - Exercise/Conversion
Performance Share Unit
2024-04-15−24,454→ 0 total→ Common Stock (24,454 underlying)
Holdings
- 9,776
Performance Share Unit
→ Common Stock (9,776 underlying) - 5,424
Performance Share Unit
→ Common Stock (5,424 underlying) - 1,045(indirect: By Spouse)
Common Stock
- 21,182
Restricted Stock Unit
→ Common Stock (21,182 underlying) - 20,412
Restricted Stock Unit
→ Common Stock (20,412 underlying)
Footnotes (9)
- [F1]The reporting person disclaims beneficial ownership of all securities held by spouse.
- [F2]Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
- [F3]Earned PSUs remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement.
- [F4]Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.
- [F5]Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
- [F6]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.
- [F7]The restricted stock units (RSUs) vested 100% on April 15, 2024.
- [F8]The performance share units (PSUs) vested 100% on April 15, 2024.
- [F9]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.
Documents
Issuer
CORNING INC /NY
CIK 0000024741
Entity typeother
Related Parties
1- filerCIK 0001323998
Filing Metadata
- Form type
- 4
- Filed
- Apr 16, 8:00 PM ET
- Accepted
- Apr 17, 3:43 PM ET
- Size
- 18.3 KB