Jaymin Amin - Mar 28, 2023 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
SVP and Chief Tech. Officer
Signature
Linda E. Jolly, Power of Attorney
Stock symbol
GLW
Transactions as of
Mar 28, 2023
Transactions value $
-$66,697
Form type
4
Date filed
3/30/2023, 04:06 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 $0 +713 +0.91% $0.00 79.4K Mar 28, 2023 Direct F1
transaction GLW Common Stock Options Exercise $0 +165 +0.21% $0.00 79.6K Mar 28, 2023 Direct F1
transaction GLW Common Stock Options Exercise $0 +114 +0.14% $0.00 79.7K Mar 28, 2023 Direct F1
transaction GLW Common Stock Options Exercise $0 +320 +0.4% $0.00 80K Mar 28, 2023 Direct F2
transaction GLW Common Stock Options Exercise $0 +164 +0.21% $0.00 80.2K Mar 28, 2023 Direct F2
transaction GLW Common Stock Options Exercise $0 +234 +0.29% $0.00 80.4K Mar 28, 2023 Direct F2
transaction GLW Common Stock Options Exercise $0 +278 +0.35% $0.00 80.7K Mar 28, 2023 Direct F2
transaction GLW Common Stock Tax liability -$66.7K -1.99K -2.46% $33.55 78.7K Mar 28, 2023 Direct
holding GLW Common Stock 2.36K Mar 28, 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 Performance Share Unit Options Exercise $0 -713 -3.55% $0.00 19.4K Mar 28, 2023 Common Stock 713 Direct F1, F6
transaction GLW Performance Share Unit Options Exercise $0 -165 -3.56% $0.00 4.48K Mar 28, 2023 Common Stock 165 Direct F1, F7
transaction GLW Performance Share Unit Options Exercise $0 -114 -3.58% $0.00 3.07K Mar 28, 2023 Common Stock 114 Direct F1, F8
transaction GLW Restricted Stock Unit Options Exercise $0 -320 -3.54% $0.00 8.71K Mar 28, 2023 Common Stock 320 Direct F2, F6
transaction GLW Restricted Stock Unit Options Exercise $0 -164 -3.56% $0.00 4.44K Mar 28, 2023 Common Stock 164 Direct F2, F7
transaction GLW Restricted Stock Unit Options Exercise $0 -234 -3.54% $0.00 6.37K Mar 28, 2023 Common Stock 234 Direct F2, F8
transaction GLW Restricted Stock Unit Options Exercise $0 -278 -3.55% $0.00 7.55K Mar 28, 2023 Common Stock 278 Direct F2, F8
holding GLW Restricted Stock Unit 15.8K Mar 28, 2023 Common Stock 15.8K Direct F2, F3
holding GLW Restricted Stock Unit 3.24K Mar 28, 2023 Common Stock 3.24K Direct F2, F4
holding GLW Restricted Stock Unit 2.98K Mar 28, 2023 Common Stock 2.98K Direct F2, F5
holding GLW Restricted Stock Unit 517 Mar 28, 2023 Common Stock 517 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
F2 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
F3 The restricted stock units (RSUs) vest 1/3 after 1 year from grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.
F4 The restricted stock units (RSUs) vest 2/3 after 1 year and 1/3 after 18 months from the grant date.
F5 The restricted stock units will vest on May 15, 2023. Events such as retirement, death, disability, and others specified in the May 2020 agreement may result in vesting prior to the vesting date.
F6 Vesting to satisfy tax requirement pursuant to the 2020 agreement.
F7 Vesting to satisfy tax requirement pursuant to the 2021 agreement.
F8 Vesting to satisfy tax requirement pursuant to the 2022 agreement.