Initial Statement of Beneficial Ownership (3)
02 Febbraio 2022 - 10:09PM
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
*
Capps Cheryl C |
2. Date of Event Requiring Statement (MM/DD/YYYY)
2/2/2022
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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 & Chief Supply Chain Off. / |
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(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) |
| Common Stock | 100000 (1) | D | |
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 |
| Performance Share Unit | (2) | (2) | Common Stock | 9260 | (3) | D | |
| Restricted Stock Unit | (4) | (4) | Common Stock | 5042 | (5) | D | |
| Restricted Stock Unit | (6) | (6) | Common Stock | 11120 | (5) | D | |
| Restricted Stock Unit | (7) | (7) | Common Stock | 6373 | (5) | D | |
| Restricted Stock Unit | (8) | (8) | Common Stock | 7804 | (5) | D | |
| Restricted Stock Unit | (8) | (8) | Common Stock | 1230 | (5) | D | |
| Stock Options (Right to Buy) | (9) | 5/15/2030 | Common Stock | 3587 | $19.65 | D | |
| Stock Options (Right to Buy) | 4/1/2022 | 4/1/2029 | Common Stock | 11055 | $33.92 | D | |
| Explanation of Responses: |
| (1) | These shares were granted under the Incentive Stock Plan of Corning Incorporated and are subject to the restrictions and terms contained in an agreement dated July 20, 2020. |
| (2) | Performance Share Units were earned February 3, 2021 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2020 pursuant to the 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. |
| (3) | Each Performance Share Unit represents a contingent right to receive one share of GLW common stock. |
| (4) | 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. |
| (5) | Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock. |
| (6) | 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. |
| (7) | The Restricted Stock Units vest 100% on April 15, 2024. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2024. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2024. |
| (8) | The restricted stock units vest 50% on May 15, 2022 and 100% on May 15, 2023. 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 date. |
| (9) | 1,793 options vest on May 15, 2022 and 1,794 options vest on May 15, 2023. |
Reporting Owners
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| Reporting Owner Name / Address | Relationships |
| Director | 10% Owner | Officer | Other |
Capps Cheryl C
ONE RIVERFRONT PLAZA
CORNING, NY 14831 |
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| SVP & Chief Supply Chain Off. |
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Signatures
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| Linda E. Jolly, Power of Attorney | | 2/2/2022 |
| **Signature of Reporting Person | Date |
Grafico Azioni Corning (NYSE:GLW)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Corning (NYSE:GLW)
Storico
Da Lug 2023 a Lug 2024
