Statement of Changes in Beneficial Ownership (4)
05 Fevereiro 2021 - 7:08PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
|
1. Name and Address of Reporting Person
*
WEEKS WENDELL P |
2. Issuer Name and Ticker or Trading Symbol
CORNING INC /NY
[
GLW
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman and CEO |
|
(Last)
(First)
(Middle)
ONE RIVERFRONT PLAZA |
3. Date of Earliest Transaction
(MM/DD/YYYY)
2/3/2021 |
|
(Street)
CORNING, NY 14831
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security
(Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code
(Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
| Common Stock | 2/3/2021 | | M | | 4284 | A | $0 (1) | 4284 | D | |
| Common Stock | 2/3/2021 | | F | | 4284 | D | $36.34 | 0 | D | |
| Common Stock | | | | | | | | 726847 | I | By Trust |
| Common Stock | | | | | | | | 6372.1524 | I | Held By Wife - Emp. Ben. Plan (2) |
| Common Stock | | | | | | | | 9200 | I | Held By Wife - In Trust (3) |
| Common Stock | | | | | | | | 10502.0657 | I | Trustee U/employee Benefit Plan |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code
(Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) | 8. Price of Derivative Security
(Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
| Performance Share Unit | (1) | 2/3/2021 | | A | | 113115 | | (4) | (4) | Common Stock | 113115 | $0 | 113115 | D | |
| Performance Share Unit | (1) | 2/3/2021 | | A | | 124668 | | (5) | (5) | Common Stock | 124668 | $0 | 124668 | D | |
| Performance Share Unit | (1) | 2/3/2021 | | M | | | 4284 | (6) | (6) | Common Stock | 4284 | $0 | 120384 | D | |
| Explanation of Responses: |
| (1) | Each Performance Share Unit represents a contingent right to receive one share of GLW common stock. |
| (2) | The Reporting Person disclaims beneficial ownership of all securities held by spouse. |
| (3) | The Reporting Person disclaims beneficial ownership of all securities held by wife. |
| (4) | Performance Share Units were earned February 3, 2021 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2020 pursuant to the May 2020 agreement. Earned units remain restricted until vesting. The earned units will vest ratably over 3 years from the grant date and convert to GLW common stock, subject to service-based vesting requirement. |
| (5) | Performance Share Units were earned February 3, 2021 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2020 pursuant to the April 2020 agreement. Earned units remain restricted until April 14, 2023, when they vest and convert to GLW common stock, subject to service-based vesting requirement. |
| (6) | Vesting to satisfy tax requirement pursuant to the April 2020 agreement. |
Reporting Owners
|
| Reporting Owner Name / Address | Relationships |
| Director | 10% Owner | Officer | Other |
WEEKS WENDELL P
ONE RIVERFRONT PLAZA
CORNING, NY 14831 | X |
| Chairman and CEO |
|
Signatures
|
| Linda E. Jolly, Power of Attorney | | 2/5/2021 |
| **Signature of Reporting Person | Date |
Corning (NYSE:GLW)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Corning (NYSE:GLW)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024
