Initial Statement of Beneficial Ownership (3)
October 09 2020 - 4:05PM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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Becker Stefan |
2. Date of Event Requiring Statement (MM/DD/YYYY)
10/7/2020
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3. Issuer Name and Ticker or Trading Symbol
CORNING INC /NY [GLW]
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(Last)
(First)
(Middle)
ONE RIVERFRONT PLAZA |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner ___X___ Officer (give title below) _____ Other (specify below) SVP & Operations Controller / |
(Street)
CORNING, NY 14831
(City)
(State)
(Zip)
| 5. 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
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Restricted Stock Unit | (1) | (1) | Common Stock | 4856 | (2) | D | |
Restricted Stock Unit | (3) | (3) | Common Stock | 4422 | (2) | D | |
Restricted Stock Unit | (4) | (4) | Common Stock | 9419 | (2) | D | |
Restricted Stock Unit | (5) | (5) | Common Stock | 10732 | (2) | D | |
Restricted Stock Unit | (5) | (5) | Common Stock | 1690 | (2) | D | |
Stock Options (Right to Buy) | 4/2/2021 | 4/2/2028 | Common Stock | 8741 | $27.03 | D | |
Stock Options (Right to Buy) | 4/1/2022 | 4/1/2029 | Common Stock | 8844 | $33.92 | D | |
Stock Options (Right to Buy) | (6) | 5/15/2030 | Common Stock | 8450 | $19.65 | D | |
Explanation of Responses: |
(1) | The Restricted Stock Units vest 100% on April 15, 2021. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2021. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2021. |
(2) | Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock. |
(3) | The Restricted Stock Units vest 100% on April 15, 2022. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2022. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2022. |
(4) | The Restricted Stock Units vest 100% on April 14, 2023. Vested shares will be delivered to the reporting person within thirty (30) days after April 14, 2023. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 14, 2023. |
(5) | The restricted stock units will vest ratably over three years from the May 15, 2020 grant date. Vested shares will be delivered to the reporting person within sixty (60) days after vesting. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting dates. |
(6) | The options will vest ratably over three years from the May 15, 2020 grant date. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Becker Stefan ONE RIVERFRONT PLAZA CORNING, NY 14831 |
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| SVP & Operations Controller |
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Signatures
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Linda E. Jolly, Power of Attorney | | 10/9/2020 |
**Signature of Reporting Person | Date |
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