Martin J. Curran - 19 Aug 2021 Form 4 Insider Report for CORNING INC /NY (GLW)

Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
19 Aug 2021
Net transactions value
-$442,325
Form type
4
Filing time
20 Aug 2021, 16:00:57 UTC
Previous filing
19 May 2021
Next filing
11 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Options Exercise $590,687 +21,853 $27.03 21,853 19 Aug 2021 Direct
transaction GLW Common Stock Options Exercise $129,022 +6,566 +30% $19.65 28,419 19 Aug 2021 Direct
transaction GLW Common Stock Sale $1,162,033 -28,419 -100% $40.89 0 19 Aug 2021 Direct F1
holding GLW Common Stock - Jt. Tenant W/wife 20,327 19 Aug 2021 Direct

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 -21,853 -75% $0.000000 7,284 19 Aug 2021 Common Stock 21,853 $27.03 Direct
transaction GLW Stock Options (Right to Buy) Options Exercise $0 -6,566 -46% $0.000000 7,759 19 Aug 2021 Common Stock 6,566 $19.65 Direct F2
* 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 $40.88 to $40.925, 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 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.