Anne Mullins - 16 May 2022 Form 4 Insider Report for CORNING INC /NY (GLW)

Role: Senior Vice President & CDIO
Signature: Linda E. Jolly, Power of Attorney
Issuer symbol: GLW
Transactions as of: 16 May 2022
Net transactions value: -$75,117
Form type: 4
Filing time: 18 May 2022, 16:24:07 UTC
Previous filing: 05 Apr 2022
Next filing: 09 Jan 2023
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	+5,700	+135%	$0.000000	9,928	16 May 2022	Direct
transaction	GLW	Common Stock	Options Exercise	$0	+705	+7.1%	$0.000000	10,633	16 May 2022	Direct
transaction	GLW	Common Stock	Tax liability	$75,117	-2,134	-20%	$35.20	8,499	16 May 2022	Direct

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	-5,700	-50%	$0.000000	5,700	16 May 2022	Common Stock	5,700		Direct	F1, F2
transaction	GLW	Restricted Stock Unit	Options Exercise	$0	-705	-50%	$0.000000	705	16 May 2022	Common Stock	705		Direct	F1, F2
holding	GLW	Restricted Stock Unit						18,838	16 May 2022	Common Stock	18,838		Direct	F1, F3
holding	GLW	Restricted Stock Unit						9,377	16 May 2022	Common Stock	9,377		Direct	F1, F4
holding	GLW	Restricted Stock Unit						12,789	16 May 2022	Common Stock	12,789		Direct	F1, F5

* 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	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.
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.
F4	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.
F5	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.