4//SEC Filing
STEVERSON LEWIS A 4
Accession 0001127602-25-003409
CIK 0000024741other
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 4:28 PM ET
Size
24.3 KB
Accession
0001127602-25-003409
Insider Transaction Report
Form 4
STEVERSON LEWIS A
Vice Chairman, EVP and CLAO
Transactions
- Exercise/Conversion
Common Stock
2025-02-04+1,133→ 19,934 total - Award
Performance Share Unit
2025-02-04+31,406→ 31,406 total→ Common Stock (31,406 underlying) - Award
Performance Share Unit
2025-02-04+29,356→ 37,284 total→ Common Stock (29,356 underlying) - Exercise/Conversion
Performance Share Unit
2025-02-04−1,114→ 30,292 total→ Common Stock (1,114 underlying) - Exercise/Conversion
Performance Share Unit
2025-02-04−1,133→ 45,112 total→ Common Stock (1,133 underlying) - Exercise/Conversion
Common Stock
2025-02-04+1,114→ 17,760 total - Tax Payment
Common Stock
2025-02-04$52.04/sh−3,288$171,108→ 16,646 total - Exercise/Conversion
Performance Share Unit
2025-02-04−1,041→ 36,243 total→ Common Stock (1,041 underlying) - Exercise/Conversion
Common Stock
2025-02-04+1,041→ 18,801 total - Award
Performance Share Unit
2025-02-04+31,958→ 46,245 total→ Common Stock (31,958 underlying)
Holdings
- 5,873
Performance Share Unit
→ Common Stock (5,873 underlying)
Footnotes (8)
- [F1]Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
- [F2]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 vesting. The earned units will vest 1/3 after 1 year from the February 8, 2023 grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.
- [F3]Performance share units (PSUs) were earned February 4, 2025 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2024 pursuant to the 2024 agreement. Earned PSUs remain restricted until April 15, 2027, when they vest and convert to common stock, subject to service-based vesting requirement.
- [F4]Performance share units (PSUs) were earned February 4, 2025 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2024 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.
- [F5]Performance share units (PSUs) were earned February 4, 2025 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2024 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.
- [F6]Vesting to satisfy tax requirement pursuant to the 2024 agreement.
- [F7]Vesting to satisfy tax requirement pursuant to the 2023 agreement.
- [F8]Vesting to satisfy tax requirement pursuant to the 2022 agreement.
Documents
Issuer
CORNING INC /NY
CIK 0000024741
Entity typeother
Related Parties
1- filerCIK 0001508144
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 4:28 PM ET
- Size
- 24.3 KB