Anne Mullins - Jan 5, 2023 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Retired Senior Vice President
Signature
Linda E. Jolly, Power of Attorney
Stock symbol
GLW
Transactions as of
Jan 5, 2023
Transactions value $
-$95,226
Form type
4
Date filed
1/9/2023, 03:11 PM
Previous filing
May 18, 2022
Next filing
Feb 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Options Exercise $0 +756 +8.9% $0.00 9.26K Jan 5, 2023 Direct F1
transaction GLW Common Stock Options Exercise $0 +316 +3.41% $0.00 9.57K Jan 5, 2023 Direct F1
transaction GLW Common Stock Options Exercise $0 +431 +4.5% $0.00 10K Jan 5, 2023 Direct F1
transaction GLW Common Stock Options Exercise $0 +1.02K +10.17% $0.00 11K Jan 5, 2023 Direct F2
transaction GLW Common Stock Options Exercise $0 +249 +2.26% $0.00 11.3K Jan 5, 2023 Direct F2
transaction GLW Common Stock Tax liability -$95.2K -2.77K -24.57% $34.39 8.5K Jan 5, 2023 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 -756 -4.01% $0.00 18.1K Jan 5, 2023 Common Stock 756 Direct F1, F3
transaction GLW Restricted Stock Unit Options Exercise $0 -316 -3.37% $0.00 9.06K Jan 5, 2023 Common Stock 316 Direct F1, F4
transaction GLW Restricted Stock Unit Options Exercise $0 -431 -3.37% $0.00 12.4K Jan 5, 2023 Common Stock 431 Direct F1, F5
transaction GLW Performance Share Unit Options Exercise $0 -1.02K -3.37% $0.00 29.2K Jan 5, 2023 Common Stock 1.02K Direct F2, F3
transaction GLW Performance Share Unit Options Exercise $0 -249 -3.37% $0.00 7.14K Jan 5, 2023 Common Stock 249 Direct F2, F4
holding GLW Restricted Stock Unit 3.33K Jan 5, 2023 Common Stock 3.33K Direct F1, F6
holding GLW Restricted Stock Unit 411 Jan 5, 2023 Common Stock 411 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 Vesting to satisfy tax requirement pursuant to the 2022 agreement.
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.