0001127602-23-015896.txt : 20230517 0001127602-23-015896.hdr.sgml : 20230517 20230517160828 ACCESSION NUMBER: 0001127602-23-015896 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230515 FILED AS OF DATE: 20230517 DATE AS OF CHANGE: 20230517 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Evenson Jeffrey W CENTRAL INDEX KEY: 0001531116 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-03247 FILM NUMBER: 23931751 MAIL ADDRESS: STREET 1: ONE RIVERFRONT PLAZA CITY: CORNING STATE: NY ZIP: 14831 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CORNING INC /NY CENTRAL INDEX KEY: 0000024741 STANDARD INDUSTRIAL CLASSIFICATION: DRAWING AND INSULATING NONFERROUS WIRE [3357] IRS NUMBER: 160393470 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: ONE RIVERFRONT PLAZA CITY: CORNING STATE: NY ZIP: 14831 BUSINESS PHONE: 6079749000 MAIL ADDRESS: STREET 1: ONE RIVERFRONT PLAZA CITY: CORNING STATE: NY ZIP: 14831 FORMER COMPANY: FORMER CONFORMED NAME: CORNING GLASS WORKS DATE OF NAME CHANGE: 19890512 4 1 form4.xml PRIMARY DOCUMENT X0407 4 2023-05-15 0000024741 CORNING INC /NY GLW 0001531116 Evenson Jeffrey W ONE RIVERFRONT PLAZA CORNING NY 14831 1 Exec. VP & Chief Strategy Off 0 Common Stock 2023-05-15 4 M 0 6904 20.82 A 98686 D Common Stock 2023-05-15 4 M 0 6875 20.91 A 105561 D Common Stock 2023-05-15 4 M 0 6749 21.30 A 112310 D Common Stock 2023-05-15 4 S 0 20528 31.0407 D 91782 D Common Stock 2023-05-15 4 M 0 7507 0 A 99289 D Common Stock 2023-05-15 4 M 0 867 0 A 100156 D Common Stock 2023-05-15 4 F 0 4276 31.20 D 95880 D Restricted Stock Unit Common Stock 19700 19700 D Restricted Stock Unit Common Stock 5373 5373 D Restricted Stock Unit Common Stock 11577 11577 D Restricted Stock Unit Common Stock 16415 16415 D Restricted Stock Unit Common Stock 18026 18026 D Stock Options (Right to Buy) 20.82 2023-05-15 4 M 0 6904 0 D 2017-03-31 2024-03-29 Common Stock 6904 0 D Stock Options (Right to Buy) 20.91 2023-05-15 4 M 0 6875 0 D 2017-04-30 2024-04-29 Common Stock 6875 0 D Stock Options (Right to Buy) 21.30 2023-05-15 4 M 0 6749 0 D 2017-05-30 2024-05-29 Common Stock 6749 0 D Restricted Stock Unit 2023-05-15 4 M 0 7507 0 D Common Stock 7507 0 D Restricted Stock Unit 2023-05-15 4 M 0 867 0 D Common Stock 867 0 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.975 to $31.11, inclusive. The reporting person undertakes to provide to Corning Incorporated, any security holder of Corning Incorporated, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth previously in this footnote. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock. The restricted stock units (RSUs) vest 1/3 after 1 year from grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date. The restricted stock units (RSUs) vest 2/3 after 1 year and 1/3 after 18 months from the grant date. The restricted stock units (RSUs) vest 100% on April 15, 2024. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date. 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. 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. The restricted stock units vested on May 15, 2023 pursuant to the 2020 agreement. Linda E. Jolly, Power of Attorney 2023-05-17