Leslie A. Brun - Feb 2, 2022 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Director
Signature
Linda E. Jolly, Power of Attorney
Stock symbol
GLW
Transactions as of
Feb 2, 2022
Transactions value $
$205,024
Form type
4
Date filed
2/3/2022, 03:11 PM
Previous filing
Jan 7, 2022
Next filing
Feb 15, 2022

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 Restricted Stock Unit Award $205K +4.8K +24.11% $42.74 24.7K Feb 2, 2022 Common Stock 4.8K Direct F1, F2
holding GLW Restricted Stock Unit 1.66K Feb 2, 2022 Common Stock 1.66K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents annual equity retainer in the form of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F2 Conversion of restricted stock units to the Company's common stock and distribution of such stock is deferred until a specific date as elected by the participant or termination of service as a Corning director.
F3 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.