James P. Clappin - 01 Sep 2021 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Retired Vice Chair &Strat. Adv
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
01 Sep 2021
Transactions value $
-$1,063,304
Form type
4
Filing time
03 Sep 2021, 16:04:05 UTC
Previous filing
03 Aug 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 $370K +13.7K +16.11% $27.00 98.8K 01 Sep 2021 Direct
transaction GLW Common Stock Sale -$546K -13.7K -13.87% $39.88 85.1K 01 Sep 2021 Direct F1
transaction GLW Common Stock Options Exercise $575K +21.3K +25.04% $27.00 106K 02 Sep 2021 Direct
transaction GLW Common Stock Options Exercise $1.06M +39.1K +36.79% $27.03 145K 02 Sep 2021 Direct
transaction GLW Common Stock Options Exercise $130K +6.64K +4.56% $19.65 152K 02 Sep 2021 Direct
transaction GLW Common Stock Sale -$2.65M -67.1K -44.09% $39.51 85.1K 02 Sep 2021 Direct F2
holding GLW Common Stock 1.93K 01 Sep 2021 Trustee u/Employee Benefit Plan
holding GLW Common Stock - Jt. Tenant W/wife 9.8K 01 Sep 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 -13.7K -39.14% $0.00 21.3K 01 Sep 2021 Common Stock 13.7K $27.00 Direct
transaction GLW Stock Options (Right to Buy) Options Exercise $0 -21.3K -100% $0.00* 0 02 Sep 2021 Common Stock 21.3K $27.00 Direct
transaction GLW Stock Options (Right to Buy) Options Exercise $0 -39.1K -100% $0.00* 0 02 Sep 2021 Common Stock 39.1K $27.03 Direct
transaction GLW Stock Options (Right to Buy) Options Exercise $0 -6.64K -100% $0.00* 0 02 Sep 2021 Common Stock 6.64K $19.65 Direct F3
* 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 $39.75 to $39.98, 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 $39.50 to $39.55, 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.