Bell Michael Alan's Form 4 filing
Corning Inc (GLW) · filed May 18, 2022
- Accession no.
- 0001127602-22-014934
- Filed
- May 18, 2022
- Trade date
- May 16, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 5 non-derivative transactions and 3 derivative transactions. Open-market sales total $108.5K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Bell Michael AlanCIK 0001826462 | Officer (Senior VP & GM, Optical Comm.) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 16, 2022 | Common Stock | MOption exerciseAcquired | +3,083 | $19.65 | +$60,580.95 | 3,083 | Direct | |
| May 16, 2022 | Common Stock | SSaleDisposed | −3,083 | $35.18F1 | −$108,459.94 | 0 | Direct | |
| May 16, 2022 | Common Stock | MOption exerciseAcquired | +4,275 | $0.00 | $0 | 4,275 | Direct | |
| May 16, 2022 | Common Stock | MOption exerciseAcquired | +616 | $0.00 | $0 | 4,891 | Direct | |
| May 16, 2022 | Common Stock | FTax withholdingDisposed | −2,174 | $35.20 | −$76,524.8 | 2,717 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 16, 2022 | Common Stock | MOption exerciseDisposed | −3,083 | $0.00 | $0 | 3,083 | Direct | |
| May 16, 2022 | Common Stock | MOption exerciseDisposed | −4,275 | $0.00 | $0 | 4,275 | Direct | |
| May 16, 2022 | Common Stock | MOption exerciseDisposed | −616 | $0.00 | $0 | 617 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.66 to $35.465, 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.
Referenced by the price of 1 transaction in Table I.
Remarks
The stock option exercise and sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.