Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GLW | Restricted Stock Unit | Award | $0 | +977 | $0.00 | 977 | Feb 8, 2023 | Common Stock | 977 | Direct | F1, F2, F3 | ||
transaction | GLW | Restricted Stock Unit | Award | $0 | +6.12K | +24.78% | $0.00 | 30.8K | Feb 8, 2023 | Common Stock | 6.12K | Direct | F3, F4 | |
holding | GLW | Restricted Stock Unit | 1.66K | Feb 8, 2023 | Common Stock | 1.66K | Direct | F1, F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock. |
F2 | The board of directors were provided the opportunity to voluntarily exchange a portion of any or all of the cash fees payable for service on the board and any committees for the first six months of 2023 for restricted stock units (RSUs). The reporting person exchanged $28,600 of their cash compensation for 977 RSUs. |
F3 | 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. |
F4 | Represents annual equity retainer in the form of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Corning Incorporated common stock. |