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

Role
SVP and Chief Tech. Officer
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
28 Mar 2023
Net transactions value
-$66,697
Form type
4
Filing time
30 Mar 2023, 16:06:20 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 $0 +713 +0.91% $0.000000 79,389 28 Mar 2023 Direct F1
transaction GLW Common Stock Options Exercise $0 +165 +0.21% $0.000000 79,554 28 Mar 2023 Direct F1
transaction GLW Common Stock Options Exercise $0 +114 +0.14% $0.000000 79,668 28 Mar 2023 Direct F1
transaction GLW Common Stock Options Exercise $0 +320 +0.4% $0.000000 79,988 28 Mar 2023 Direct F2
transaction GLW Common Stock Options Exercise $0 +164 +0.21% $0.000000 80,152 28 Mar 2023 Direct F2
transaction GLW Common Stock Options Exercise $0 +234 +0.29% $0.000000 80,386 28 Mar 2023 Direct F2
transaction GLW Common Stock Options Exercise $0 +278 +0.35% $0.000000 80,664 28 Mar 2023 Direct F2
transaction GLW Common Stock Tax liability $66,697 -1,988 -2.5% $33.55 78,676 28 Mar 2023 Direct
holding GLW Common Stock 2,359 28 Mar 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 -3.5% $0.000000 19,394 28 Mar 2023 Common Stock 713 Direct F1, F6
transaction GLW Performance Share Unit Options Exercise $0 -165 -3.6% $0.000000 4,476 28 Mar 2023 Common Stock 165 Direct F1, F7
transaction GLW Performance Share Unit Options Exercise $0 -114 -3.6% $0.000000 3,068 28 Mar 2023 Common Stock 114 Direct F1, F8
transaction GLW Restricted Stock Unit Options Exercise $0 -320 -3.5% $0.000000 8,707 28 Mar 2023 Common Stock 320 Direct F2, F6
transaction GLW Restricted Stock Unit Options Exercise $0 -164 -3.6% $0.000000 4,439 28 Mar 2023 Common Stock 164 Direct F2, F7
transaction GLW Restricted Stock Unit Options Exercise $0 -234 -3.5% $0.000000 6,367 28 Mar 2023 Common Stock 234 Direct F2, F8
transaction GLW Restricted Stock Unit Options Exercise $0 -278 -3.6% $0.000000 7,552 28 Mar 2023 Common Stock 278 Direct F2, F8
holding GLW Restricted Stock Unit 15,843 28 Mar 2023 Common Stock 15,843 Direct F2, F3
holding GLW Restricted Stock Unit 3,241 28 Mar 2023 Common Stock 3,241 Direct F2, F4
holding GLW Restricted Stock Unit 2,979 28 Mar 2023 Common Stock 2,979 Direct F2, F5
holding GLW Restricted Stock Unit 517 28 Mar 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.