Lewis A. Steverson - Jun 15, 2022 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
EVP and CLAO
Signature
Linda E. Jolly, Power of Attorney
Stock symbol
GLW
Transactions as of
Jun 15, 2022
Transactions value $
-$9,691
Form type
4
Date filed
6/16/2022, 04:03 PM
Previous filing
May 18, 2022
Next filing
Aug 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Options Exercise $0 +550 +4.8% $0.00 12K Jun 15, 2022 Direct
transaction GLW Common Stock Options Exercise $0 +29 +0.24% $0.00 12K Jun 15, 2022 Direct
transaction GLW Common Stock Tax liability -$9.69K -296 -2.46% $32.74 11.7K Jun 15, 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 -550 -5.23% $0.00 9.97K Jun 15, 2022 Common Stock 550 Direct F1, F2
transaction GLW Restricted Stock Unit Options Exercise $0 -29 -2.53% $0.00 1.12K Jun 15, 2022 Common Stock 29 Direct F1, F2
holding GLW Restricted Stock Unit 35.7K Jun 15, 2022 Common Stock 35.7K Direct F1, F3
holding GLW Restricted Stock Unit 22.4K Jun 15, 2022 Common Stock 22.4K Direct F1, F4
holding GLW Restricted Stock Unit 31.4K Jun 15, 2022 Common Stock 31.4K 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 vest ratably over three years from grant date. 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. 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. 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. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2025.