R. Tony Tripeny - 02 May 2022 Form 4 Insider Report for CORNING INC /NY (GLW)

Role: Retired Exec. Vice President
Signature: Linda E. Jolly, Power of Attorney
Issuer symbol: GLW
Transactions as of: 02 May 2022
Net transactions value: +$172,824
Form type: 4
Filing time: 04 May 2022, 16:44:02 UTC
Previous filing: 20 Apr 2022
Next filing: 11 Jul 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	$34,486	+959	+11%	$35.96	9,368	02 May 2022	Direct
transaction	GLW	Common Stock	Options Exercise	$318,678	+8,862	+95%	$35.96	18,230	02 May 2022	Direct
transaction	GLW	Common Stock	Tax liability	$180,339	-5,015	-28%	$35.96	13,215	02 May 2022	Direct
holding	GLW	Common Stock						81,632	02 May 2022	By Trust

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	Disposed to Issuer	$0	-1,134	-54%	$0.000000	959	02 May 2022	Common Stock	1,134		Direct	F1, F2, F3
transaction	GLW	Restricted Stock Unit	Disposed to Issuer	$0	-14,027	-67%	$0.000000	7,013	02 May 2022	Common Stock	14,027		Direct	F1, F4, F5
transaction	GLW	Performance Share Unit	Disposed to Issuer	$0	-10,474	-54%	$0.000000	8,862	02 May 2022	Common Stock	10,474		Direct	F6, F7, F8
transaction	GLW	Restricted Stock Unit	Options Exercise	$0	-959	-100%	$0.000000^*	0	02 May 2022	Common Stock	959		Direct	F1, F9
transaction	GLW	Performance Share Unit	Options Exercise	$0	-8,862	-100%	$0.000000^*	0	02 May 2022	Common Stock	8,862		Direct	F6, F10
holding	GLW	Performance Share Unit						57,038	02 May 2022	Common Stock	57,038		Direct	F6, F11
holding	GLW	Performance Share Unit						13,210	02 May 2022	Common Stock	13,210		Direct	F6, F12
holding	GLW	Restricted Stock Unit						35,383	02 May 2022	Common Stock	35,383		Direct	F1, F13
holding	GLW	Restricted Stock Unit						16,516	02 May 2022	Common Stock	16,516		Direct	F1, F14

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F2	Represents the forfeiture of Restricted Stock Units awarded May 15, 2020, per terms of the May 2020 agreement approved by the Compensation Committee.
F3	Restricted Stock Units awarded May 15, 2020 were forfeited per terms of the May 2020 agreement approved by the Compensation Committee.
F4	Represents the forfeiture of Restricted Stock Units awarded April 1, 2022, per terms of the April 2022 agreement approved by the Compensation Committee.
F5	Restricted Stock Units awarded April 1, 2022 were forfeited per terms of the April 2022 agreement approved by the Compensation Committee.
F6	Each Performance Share Unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F7	Represents the forfeiture of Performance Share Units earned February 3, 2021, per terms of the May 15, 2020 agreement approved by the Compensation Committee.
F8	Performance Share Units earned February 3, 2021 were forfeited per terms of the May 15, 2020 agreement approved by the Compensation Committee.
F9	Earned Restricted Stock Units awarded May 15, 2020 remained restricted until May 2, 2022 when they vested and converted into Common Stock per terms of the May 2020 agreement approved by the Compensation Committee.
F10	Performance Share Units earned February 3, 2021 remained restricted until May 2, 2022 when they vested and converted into Common Stock per terms of the May 15, 2020 agreement approved by the Compensation Committee.
F11	Earned Performance Share Units remain restricted until February 2023, when they vest and convert to Common Stock per terms of the April 1, 2020 agreement approved by the Compensation Committee.
F12	Earned Performance Share Units remain restricted until February 2024, when they vest and convert to Common Stock per terms of the April 1, 2021 agreement approved by the Compensation Committee.
F13	Earned Restricted Stock Units remain restricted until November 1, 2022, when they vest and convert to Common Stock per terms of the April 1, 2020 agreement approved by the Compensation Committee.
F14	Earned Restricted Stock Units remain restricted until November 1, 2022, when they vest and convert to Common Stock per terms of the April 1, 2021 agreement approved by the Compensation Committee.