Lewis A. Steverson - Aug 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: Aug 15, 2022
Transactions value $: -$581,650
Form type: 4
Date filed: 8/17/2022, 04:08 PM
Previous filing: Jun 16, 2022
Next filing: Jan 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GLW	Common Stock	Options Exercise	$888K	+26.2K	+223.02%	$33.92	37.9K	Aug 15, 2022	Direct
transaction	GLW	Common Stock	Options Exercise	$62.3K	+3.17K	+8.36%	$19.65	41.1K	Aug 15, 2022	Direct
transaction	GLW	Common Stock	Sale	-$1.53M	-41.1K	-100%	$37.29	0	Aug 15, 2022	Direct	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	Stock Options (Right to Buy)	Options Exercise	$0	-26.2K	-100%	$0.00^*	0	Aug 15, 2022	Common Stock	26.2K	$33.92	Direct
transaction	GLW	Stock Options (Right to Buy)	Options Exercise	$0	-3.17K	-50%	$0.00	3.17K	Aug 15, 2022	Common Stock	3.17K	$19.65	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.215 to $37.325, inclusive. The reporting person undertakes to provide to Corning Incorporated, any security holder of Corning Incorporated, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth previously in this footnote.
F2	On December 2, 2020, the Compensation Committee approved the early vesting of one half of the stock options granted on May 15, 2020. The remaining stock options will vest ratably over three years from the grand date.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.215 to $37.325, inclusive. The reporting person undertakes to provide to Corning Incorporated, any security holder of Corning Incorporated, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth previously in this footnote.

On December 2, 2020, the Compensation Committee approved the early vesting of one half of the stock options granted on May 15, 2020. The remaining stock options will vest ratably over three years from the grand date.