Roger W. Ferguson Jr. - 30 Sep 2022 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Director
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
30 Sep 2022
Net transactions value
+$33,750
Form type
4
Filing time
04 Oct 2022, 16:14:10 UTC
Previous filing
02 Sep 2022
Next filing
02 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GLW Common Stock 6,938 30 Sep 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 Award $33,750 +1,163 +25% $29.02 5,805 30 Sep 2022 Common Stock 1,163 Direct F1, F2
holding GLW Restricted Stock Unit 8,122 30 Sep 2022 Common Stock 8,122 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units granted under the Non-Employee Directors' Deferred Compensation Plan. Each Restricted Stock Unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F2 Conversion of Restricted Stock Units to the Company's common stock and distribution of such stock under the Non-Employee Directors' Deferred Compensation Plan is deferred until a specific date as elected by the participant or termination of service as a Corning director.
F3 Represents annual equity retainer in the form of Restricted Stock Units. Each Restricted Stock Unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F4 Conversion of Restricted Stock Units to the Company's common stock and distribution of such stock is deferred until a specific date as elected by the participant or termination of service as a Corning director.