Lawrence D. McRae - Aug 11, 2021 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Vice Chairman & Corp. Dev. Off
Signature
Linda E. Jolly, Power of Attorney
Stock symbol
GLW
Transactions as of
Aug 11, 2021
Transactions value $
-$729,538
Form type
4
Date filed
8/13/2021, 04:05 PM
Previous filing
May 19, 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 $269K +11.9K +6.86% $22.68 185K Aug 11, 2021 Direct
transaction GLW Common Stock Options Exercise $269K +12.8K +6.95% $20.93 198K Aug 11, 2021 Direct
transaction GLW Common Stock Options Exercise $269K +12.8K +6.5% $20.92 210K Aug 11, 2021 Direct
transaction GLW Common Stock Sale -$1.54M -37.5K -17.84% $40.91 173K Aug 11, 2021 Direct F1
holding GLW Common Stock 756 Aug 11, 2021 Held By Wife - Emp. Benefit Plan F2
holding GLW Common Stock 5.63K Aug 11, 2021 Trustee U/employee Benefit Plan

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 -11.9K -100% $0.00* 0 Aug 11, 2021 Common Stock 11.9K $22.68 Direct
transaction GLW Stock Options (Right to Buy) Options Exercise $0 -12.8K -100% $0.00* 0 Aug 11, 2021 Common Stock 12.8K $20.93 Direct
transaction GLW Stock Options (Right to Buy) Options Exercise $0 -12.8K -100% $0.00* 0 Aug 11, 2021 Common Stock 12.8K $20.92 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 $40.90 to $40.94, 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 Reporting Person disclaims beneficial ownership of all securities held by spouse.