Wendell P. Weeks - Feb 13, 2023 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Chairman and CEO, Director
Signature
Linda E. Jolly, Power of Attorney
Stock symbol
GLW
Transactions as of
Feb 13, 2023
Transactions value $
-$1,419,109
Form type
4
Date filed
2/14/2023, 03:05 PM
Previous filing
Feb 10, 2023
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Options Exercise $1M +47.8K +7% $20.92 731K Feb 13, 2023 Direct
transaction GLW Common Stock Options Exercise $1.03M +49.4K +6.75% $20.89 780K Feb 13, 2023 Direct
transaction GLW Common Stock Sale -$3.45M -97.2K -12.45% $35.51 683K Feb 13, 2023 Direct F1
holding GLW Common Stock 9.2K Feb 13, 2023 Held by Spouse F2
holding GLW Common Stock 6.58K Feb 13, 2023 Held By Spouse - Emp. Ben. Plan F2, F3
holding GLW Common Stock 10.8K Feb 13, 2023 Trustee U/employee Benefit Plan F3

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 Stock Options (Right to Buy) Options Exercise $0 -47.8K -100% $0.00* 0 Feb 13, 2023 Common Stock 47.8K $20.92 Direct
transaction GLW Stock Options (Right to Buy) Options Exercise $0 -49.4K -100% $0.00* 0 Feb 13, 2023 Common Stock 49.4K $20.89 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.455 to $35.615, inclusive. The reporting person undertakes to provide to Corning Incorporated, any security holder of Corning Incorporated, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth previously in this footnote.
F2 The reporting person disclaims beneficial ownership of all securities held by spouse.
F3 Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan.