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

Role
Vice Chairman & Corp. Dev. Off
Signature
Linda E. Jolly, Power of Attorney
Stock symbol
GLW
Transactions as of
Feb 27, 2023
Transactions value $
-$596,755
Form type
4
Date filed
3/1/2023, 03:07 PM
Previous filing
Feb 10, 2023
Next filing
Apr 5, 2023

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 Feb 27, 2023 Direct
transaction GLW Common Stock Options Exercise $281K +15.1K +9.43% $18.67 175K Feb 27, 2023 Direct
transaction GLW Common Stock Options Exercise $281K +13.5K +7.7% $20.89 188K Feb 27, 2023 Direct
transaction GLW Common Stock Sale -$1.44M -42K -22.31% $34.31 146K Feb 27, 2023 Direct F1
holding GLW Common Stock 780 Feb 27, 2023 Held By Wife - Emp. Benefit Plan F2
holding GLW Common Stock 5.81K Feb 27, 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 Feb 27, 2023 Common Stock 13.5K $20.89 Direct
transaction GLW Stock Options (Right to Buy) Options Exercise $0 -15.1K -100% $0.00* 0 Feb 27, 2023 Common Stock 15.1K $18.67 Direct
transaction GLW Stock Options (Right to Buy) Options Exercise $0 -13.5K -100% $0.00* 0 Feb 27, 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.