Home > Insider Trading > Filing (0001104659-21-047998)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
24741	Corning Inc	NYSE: GLW	Drawing & Insulating Of Nonferrous Wire (3357)	160393470

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1843625	Samsung Display Co., Ltd.	1, Samsung-Ro, Giheung-Gu Yongin-Si Gyeonggi-Do M5 17113		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2021-04-08	115,000,000	$0.00	115,000,000	No	4	C	Direct
Common Stock	Disposition	2021-04-08	35,000,000	$43.49	80,000,000	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series A Convertible Preferred Stock	Disposition	2021-04-08	2,300	$0.00	115,000,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2021-01-15		No	4	C	Direct

Footnotes

On April 8, 2021, the Reporting Person elected to convert 2,300 shares of Series A Convertible Preferred Stock (which is convertible into shares of the Issuer's common stock on a 1:50,000 basis) into 115,000,000 shares of the Issuer's common stock.
On April 8, 2021, the Reporting Person sold 35,000,000 shares of common stock to the Issuer at a price of $1,522,150,000.
The Series A Convertible Preferred Stock was convertible into shares of the Issuer's common stock at any time after January 15, 2021, at the holder's election, and has no expiration date.