Lawrence D. McRae - Apr 3, 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
Apr 3, 2023
Transactions value $
$0
Form type
4
Date filed
4/5/2023, 04:15 PM
Previous filing
Mar 1, 2023
Next filing
Apr 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GLW Common Stock 146K Apr 3, 2023 Direct
holding GLW Common Stock 786 Apr 3, 2023 Held By Wife - Emp. Benefit Plan F1, F2
holding GLW Common Stock 5.86K Apr 3, 2023 Trustee U/employee Benefit Plan F1

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 Restricted Stock Unit Award $0 +22.3K $0.00 22.3K Apr 3, 2023 Common Stock 22.3K Direct F3, F9
holding GLW Restricted Stock Unit 752 Apr 3, 2023 Common Stock 752 Direct F3, F4
holding GLW Restricted Stock Unit 38.4K Apr 3, 2023 Common Stock 38.4K Direct F3, F5
holding GLW Restricted Stock Unit 16.9K Apr 3, 2023 Common Stock 16.9K Direct F3, F6
holding GLW Restricted Stock Unit 20.4K Apr 3, 2023 Common Stock 20.4K Direct F3, F7
holding GLW Restricted Stock Unit 1.21K Apr 3, 2023 Common Stock 1.21K Direct F3, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of March 31, 2023.
F2 The reporting person disclaims beneficial ownership of all securities held by spouse.
F3 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
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 (RSUs) vest 100% on April 14, 2023. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
F6 The restricted stock units (RSUs) vest 100% on April 15, 2024. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
F7 The restricted stock units (RSUs) vest 100% on April 15, 2025. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
F8 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.
F9 The restricted stock units (RSUs) vest 100% on April 15, 2026. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.