Lawrence D. McRae - 27 Feb 2023 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Vice Chairman & Corp. Dev. Off
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
27 Feb 2023
Transactions value $
-$596,755
Form type
4
Filing time
01 Mar 2023, 15:07:15 UTC
Previous filing
10 Feb 2023
Next filing
05 Apr 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 $281K +13.5K +9.2% $20.89 160K 27 Feb 2023 Direct
transaction GLW Common Stock Options Exercise $281K +15.1K +9.43% $18.67 175K 27 Feb 2023 Direct
transaction GLW Common Stock Options Exercise $281K +13.5K +7.7% $20.89 188K 27 Feb 2023 Direct
transaction GLW Common Stock Sale -$1.44M -42K -22.31% $34.31 146K 27 Feb 2023 Direct F1
holding GLW Common Stock 780 27 Feb 2023 Held By Wife - Emp. Benefit Plan F2
holding GLW Common Stock 5.81K 27 Feb 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 Stock Options (Right to Buy) Options Exercise $0 -13.5K -100% $0.00* 0 27 Feb 2023 Common Stock 13.5K $20.89 Direct
transaction GLW Stock Options (Right to Buy) Options Exercise $0 -15.1K -100% $0.00* 0 27 Feb 2023 Common Stock 15.1K $18.67 Direct
transaction GLW Stock Options (Right to Buy) Options Exercise $0 -13.5K -100% $0.00* 0 27 Feb 2023 Common Stock 13.5K $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 $34.275 to $34.365, 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.