Martin J. Curran - 16 May 2022 Form 4 Insider Report for CORNING INC /NY (GLW)

Role: Exec. VP & Innovation Officer
Signature: Linda E. Jolly, Power of Attorney
Issuer symbol: GLW
Transactions as of: 16 May 2022
Net transactions value: -$165,792
Form type: 4
Filing time: 18 May 2022, 16:11:29 UTC
Previous filing: 20 Apr 2022
Next filing: 08 Dec 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	$0	+8,270		$0.000000	8,270	16 May 2022	Direct
transaction	GLW	Common Stock	Options Exercise	$0	+955	+12%	$0.000000	9,225	16 May 2022	Direct
transaction	GLW	Common Stock	Tax liability	$165,792	-4,710	-51%	$35.20	4,515	16 May 2022	Direct
holding	GLW	Common Stock - Jt. Tenant W/wife						27,276	16 May 2022	By 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	Options Exercise	$0	-8,270	-50%	$0.000000	8,270	16 May 2022	Common Stock	8,270		Direct	F2, F3
transaction	GLW	Restricted Stock Unit	Options Exercise	$0	-955	-50%	$0.000000	955	16 May 2022	Common Stock	955		Direct	F2, F3
holding	GLW	Restricted Stock Unit						29,316	16 May 2022	Common Stock	29,316		Direct	F2, F4
holding	GLW	Restricted Stock Unit						12,892	16 May 2022	Common Stock	12,892		Direct	F2, F5
holding	GLW	Restricted Stock Unit						17,120	16 May 2022	Common Stock	17,120		Direct	F2, F6

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

Explanation of Responses:

Id	Content
F1	Ownership has been updated to reflect the transfer of 6,949 shares of Common Stock that the reporting person owned individually into a joint trust account held with spouse.
F2	Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F3	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.
F4	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.
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.
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.