Michael Alan Bell - 05 Jan 2023 Form 4 Insider Report for CORNING INC /NY (GLW)

Role: Senior VP & GM, Optical Comm.
Signature: Linda E. Jolly, Power of Attorney
Issuer symbol: GLW
Transactions as of: 05 Jan 2023
Net transactions value: -$25,414
Form type: 4
Filing time: 09 Jan 2023, 15:05:10 UTC
Previous filing: 20 May 2022
Next filing: 10 Feb 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	+739		$0.000000	739	05 Jan 2023	Direct	F1
transaction	GLW	Common Stock	Tax liability	$25,414	-739	-100%	$34.39	0	05 Jan 2023	Direct
holding	GLW	Common Stock						689	05 Jan 2023	Trustee u/Employee Benefit Plan

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	-739	-5.1%	$0.000000	13,700	05 Jan 2023	Common Stock	739		Direct	F1, F2
holding	GLW	Restricted Stock Unit						12,681	05 Jan 2023	Common Stock	12,681		Direct	F1, F3
holding	GLW	Restricted Stock Unit						9,014	05 Jan 2023	Common Stock	9,014		Direct	F1, F4
holding	GLW	Restricted Stock Unit						2,676	05 Jan 2023	Common Stock	2,676		Direct	F1, F3
holding	GLW	Restricted Stock Unit						4,275	05 Jan 2023	Common Stock	4,275		Direct	F1, F5
holding	GLW	Restricted Stock Unit						617	05 Jan 2023	Common Stock	617		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	Vesting to satisfy tax requirement pursuant to the 2022 agreement.
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 will vest ratably over three years from the May 15, 2020 grant date. Vested shares will be delivered to the reporting person within sixty (60) days after vesting. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting dates.