LEWIS A. STEVERSON - 15 Jun 2022 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
EVP and CLAO
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
15 Jun 2022
Net transactions value
-$9,691
Form type
4
Filing time
16 Jun 2022, 16:03:13 UTC
Previous filing
18 May 2022
Next filing
17 Aug 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 +550 +4.8% $0.000000 11,999 15 Jun 2022 Direct
transaction GLW Common Stock Options Exercise $0 +29 +0.24% $0.000000 12,028 15 Jun 2022 Direct
transaction GLW Common Stock Tax liability $9,691 -296 -2.5% $32.74 11,732 15 Jun 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 -5.2% $0.000000 9,966 15 Jun 2022 Common Stock 550 Direct F1, F2
transaction GLW Restricted Stock Unit Options Exercise $0 -29 -2.5% $0.000000 1,116 15 Jun 2022 Common Stock 29 Direct F1, F2
holding GLW Restricted Stock Unit 35,689 15 Jun 2022 Common Stock 35,689 Direct F1, F3
holding GLW Restricted Stock Unit 22,430 15 Jun 2022 Common Stock 22,430 Direct F1, F4
holding GLW Restricted Stock Unit 31,353 15 Jun 2022 Common Stock 31,353 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.