Robert P. France - 26 Jul 2021 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Senior VP, Human Resources
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
26 Jul 2021
Net transactions value
-$117,856
Form type
4
Filing time
28 Jul 2021, 16:03:14 UTC
Previous filing
21 May 2021
Next filing
11 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Options Exercise $21,694 +1,104 +3.7% $19.65 31,104 26 Jul 2021 Direct
transaction GLW Common Stock Options Exercise $180,020 +6,660 +21% $27.03 37,764 26 Jul 2021 Direct
transaction GLW Common Stock Sale $45,430 -1,104 -2.9% $41.15 36,660 26 Jul 2021 Direct F1
transaction GLW Common Stock Sale $274,139 -6,660 -18% $41.16 30,000 26 Jul 2021 Direct F2

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 Stock Options (Right to Buy) Options Exercise $0 -1,104 -22% $0.000000 3,859 26 Jul 2021 Common Stock 1,104 $19.65 Direct F3
transaction GLW Stock Options (Right to Buy) Options Exercise $0 -6,660 -100% $0.000000* 0 26 Jul 2021 Common Stock 6,660 $27.03 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.04 to $41.295, 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.03 to $41.375, 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.
F3 On December 2, 2020, the Compensation Committee approved the early vesting of one half of the stock options granted on May 15, 2020. The remaining stock options will vest ratably over three years from the grand date.

Remarks:

Transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.