STEPHANIE BURNS - 08 Feb 2023 Form 4 Insider Report for CORNING INC /NY (GLW)

Role: Director
Signature: Linda E. Jolly, Power of Attorney
Issuer symbol: GLW
Transactions as of: 08 Feb 2023
Net transactions value: $0
Form type: 4
Filing time: 09 Feb 2023, 15:02:10 UTC
Previous filing: 10 Feb 2023
Next filing: 15 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	GLW	Common Stock						56,888	08 Feb 2023	Direct
holding	GLW	Common Stock						107	08 Feb 2023	By Trust

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	$0	+1,045		$0.000000	1,045	08 Feb 2023	Common Stock	1,045		Direct	F1, F2, F3
transaction	GLW	Restricted Stock Unit	Award	$0	+6,119	+18%	$0.000000	39,450	08 Feb 2023	Common Stock	6,119		Direct	F3, F4
holding	GLW	Restricted Stock Unit						1,817	08 Feb 2023	Common Stock	1,817		Direct	F1, F3
holding	GLW	Restricted Stock Unit						17,633	08 Feb 2023	Common Stock	17,633		Direct	F5, 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	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 $30,600 of their cash compensation for 1,045 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.
F5	Represents restricted stock units (RSUs) granted under the Non-Employee Directors' Deferred Compensation Plan. Each RSU represents a contingent right to receive one share of Corning Incorporated common stock.
F6	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.