Robert F. Cummings Jr - Dec 30, 2022 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Director
Signature
Linda E. Jolly, Power of Attorney
Stock symbol
GLW
Transactions as of
Dec 30, 2022
Transactions value $
$38,743
Form type
4
Date filed
1/3/2023, 03:09 PM
Previous filing
Oct 4, 2022
Next filing
Feb 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GLW Common Stock 151K Dec 30, 2022 Direct
holding GLW Common Stock 460 Dec 30, 2022 Held By Minor 1st Child
holding GLW Common Stock 460 Dec 30, 2022 Held By Minor 2nd Child

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 $38.7K +1.21K +1.02% $31.94 120K Dec 30, 2022 Common Stock 1.21K Direct F1, F2
holding GLW Restricted Stock Unit 33.3K Dec 30, 2022 Common Stock 33.3K Direct F3, F4
holding GLW Restricted Stock Unit 1.84K Dec 30, 2022 Common Stock 1.84K Direct F4, F5
* 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.
F5 Each Restricted Stock Unit represents a contingent right to receive one share of Corning Incorporated Common Stock.