Edward A. Schlesinger - 01 Nov 2022 Form 4 Insider Report for CORNING INC /NY (GLW)

Role: Exec. Vice President and CFO
Signature: Linda E. Jolly, Power of Attorney
Issuer symbol: GLW
Transactions as of: 01 Nov 2022
Net transactions value: -$53,008
Form type: 4
Filing time: 03 Nov 2022, 16:08:43 UTC
Previous filing: 19 Jul 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	+432	+0.84%	$0.000000	51,798	01 Nov 2022	Direct	F1
transaction	GLW	Common Stock	Options Exercise	$0	+282	+0.54%	$0.000000	52,080	01 Nov 2022	Direct	F1
transaction	GLW	Common Stock	Options Exercise	$0	+692	+1.3%	$0.000000	52,772	01 Nov 2022	Direct	F2
transaction	GLW	Common Stock	Options Exercise	$0	+222	+0.42%	$0.000000	52,994	01 Nov 2022	Direct	F2
transaction	GLW	Common Stock	Tax liability	$53,008	-1,628	-3.1%	$32.56	51,366	01 Nov 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	-432	-4.6%	$0.000000	8,987	01 Nov 2022	Common Stock	432		Direct	F1, F3
transaction	GLW	Restricted Stock Unit	Options Exercise	$0	-282	-4.6%	$0.000000	5,856	01 Nov 2022	Common Stock	282		Direct	F1, F4
transaction	GLW	Performance Share Unit	Options Exercise	$0	-692	-4.6%	$0.000000	14,398	01 Nov 2022	Common Stock	692		Direct	F2, F3
transaction	GLW	Performance Share Unit	Options Exercise	$0	-222	-4.6%	$0.000000	4,612	01 Nov 2022	Common Stock	222		Direct	F2, F4
holding	GLW	Restricted Stock Unit						16,502	01 Nov 2022	Common Stock	16,502		Direct	F1, F5
holding	GLW	Restricted Stock Unit						3,779	01 Nov 2022	Common Stock	3,779		Direct	F1, F6
holding	GLW	Restricted Stock Unit						595	01 Nov 2022	Common Stock	595		Direct	F1, F6

* 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	Each Performance Share Unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F3	Vesting to satisfy tax requirement pursuant to the 2020 agreement.
F4	Vesting to satisfy tax requirement pursuant to the 2021 agreement.
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.
F6	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.