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

Role
Senior VP, Human Resources
Signature
Linda E. Jolly, Power of Attorney
Stock symbol
GLW
Transactions as of
Jul 26, 2021
Transactions value $
-$117,856
Form type
4
Date filed
7/28/2021, 04:03 PM
Previous filing
May 21, 2021
Next filing
Jan 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Options Exercise $21.7K +1.1K +3.68% $19.65 31.1K Jul 26, 2021 Direct
transaction GLW Common Stock Options Exercise $180K +6.66K +21.41% $27.03 37.8K Jul 26, 2021 Direct
transaction GLW Common Stock Sale -$45.4K -1.1K -2.92% $41.15 36.7K Jul 26, 2021 Direct F1
transaction GLW Common Stock Sale -$274K -6.66K -18.17% $41.16 30K Jul 26, 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 -1.1K -22.24% $0.00 3.86K Jul 26, 2021 Common Stock 1.1K $19.65 Direct F3
transaction GLW Stock Options (Right to Buy) Options Exercise $0 -6.66K -100% $0.00* 0 Jul 26, 2021 Common Stock 6.66K $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.