Roger W. Ferguson Jr. - 30 Jun 2021 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Director
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
30 Jun 2021
Transactions value $
$33,743
Form type
4
Filing time
02 Jul 2021, 16:07:03 UTC
Previous filing
14 Jun 2021
Next filing
09 Jul 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GLW Restricted Stock Unit Award $33.7K +825 $40.90 825 30 Jun 2021 Common Stock 825 Direct F1, F2
holding GLW Restricted Stock Unit 3.33K 30 Jun 2021 Common Stock 3.33K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units granted under the Non-Employee Directors' Deferred Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F2 Conversion of restricted stock units to the Company's common stock and distribution of such stock under the Non-Employee Directors' Deferred Compensation Plan is deferred until a specific date as elected by the participant or termination of service as a Corning director.
F3 Represents annual equity retainer in the form of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F4 Conversion of restricted stock units to the Company's common stock and distribution of such stock is deferred until a specific date as elected by the participant or termination of service as a Corning director.