David L. Morse - 01 Apr 2022 Form 4 Insider Report for CORNING INC /NY (GLW)

Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
01 Apr 2022
Net transactions value
$0
Form type
4
Filing time
05 Apr 2022, 16:13:52 UTC
Previous filing
22 Feb 2022
Next filing
20 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GLW Common Stock 55,800 01 Apr 2022 By Morse Family Trust F1

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 $0 +20,215 $0.000000 20,215 01 Apr 2022 Common Stock 20,215 Direct F2, F3
holding GLW Restricted Stock Unit 16,749 01 Apr 2022 Common Stock 16,749 Direct F2, F4
holding GLW Restricted Stock Unit 36,142 01 Apr 2022 Common Stock 36,142 Direct F2, F5
holding GLW Restricted Stock Unit 2,123 01 Apr 2022 Common Stock 2,123 Direct F2, F6
holding GLW Restricted Stock Unit 15,857 01 Apr 2022 Common Stock 15,857 Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is trustee and beneficiary of the trust.
F2 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F3 The Restricted Stock Units vest 100% on April 15, 2025. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2025. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2025.
F4 The Restricted Stock Units vest 100% on April 15, 2022. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2022. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2022.
F5 The Restricted Stock Units vest 100% on April 14, 2023. Vested shares will be delivered to the reporting person within thirty (30) days after April 14, 2023. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 14, 2023.
F6 The restricted stock units will vest ratably over three years from grant date. Vested shares will be delivered to the reporting person within sixty (60) days after vesting. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting dates.
F7 The Restricted Stock Units vest 100% on April 15, 2024. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2024. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2024.