Stefan Becker - 18 Apr 2022 Form 4 Insider Report for CORNING INC /NY (GLW)

Reporting relationship
Senior VP & Controller
Issuer ticker
GLW
Reported as of
18 Apr 2022
Net transaction value
-$60,864
Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
20 Apr 2022, 16:11:42 UTC
Prior SEC filing
05 Apr 2022
Next SEC filing
18 May 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Linda E. Jolly, Power of Attorney

Key filing fact

Stefan Becker filed Form 4 for CORNING INC /NY (GLW) on 20 Apr 2022.

Key facts

  • This page summarizes Stefan Becker's Form 4 filing for CORNING INC /NY (GLW).
  • 3 reported transactions and 6 derivative rows are listed below.
  • Accepted by SEC: 20 Apr 2022, 16:11.

Change

  • Previous filing in this sequence was filed on 05 Apr 2022.
  • Current net transaction value: -$60,864.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GLW transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+4,422
Change %
+82%
Price
$0.000000
Shares after
9,792
Date
18 Apr 2022
Ownership
Direct
GLW transaction

Common Stock

Tax liability

Transaction value
$60,864
Shares
-1,797
Change %
-18%
Price
$33.87
Shares after
7,995
Date
18 Apr 2022
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GLW transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-4,422
Change %
-100%
Price
$0.000000*
Shares after
0
Date
18 Apr 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,422
Exercise price
Footnotes
F1, F2
GLW holding Derivative

Restricted Stock Unit

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
9,419
Date
18 Apr 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
9,419
Exercise price
Footnotes
F1, F3
GLW holding Derivative

Restricted Stock Unit

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,126
Date
18 Apr 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,126
Exercise price
Footnotes
F1, F4
GLW holding Derivative

Restricted Stock Unit

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
7,148
Date
18 Apr 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,148
Exercise price
Footnotes
F1, F4
GLW holding Derivative

Restricted Stock Unit

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
6,138
Date
18 Apr 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,138
Exercise price
Footnotes
F1, F5
GLW holding Derivative

Restricted Stock Unit

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
13,201
Date
18 Apr 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
13,201
Exercise price
Footnotes
F1, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.

Footnote F2

The Restricted Stock Units vested 100% on April 18, 2022.

Footnote F3

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.

Footnote F4

The restricted stock units will vest ratably over three years from the May 15, 2020 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.

Footnote F5

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.

Footnote F6

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.

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