Soumya Seetharam - 03 Apr 2023 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Senior Vice President & CDIO
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
03 Apr 2023
Net transactions value
$0
Form type
4
Filing time
05 Apr 2023, 16:19:20 UTC
Previous filing
10 Feb 2023
Next filing
08 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GLW Common Stock 75,000 03 Apr 2023 Direct

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 +13,734 $0.000000 13,734 03 Apr 2023 Common Stock 13,734 Direct F1, F4
holding GLW Restricted Stock Unit 13,561 03 Apr 2023 Common Stock 13,561 Direct F1, F2
holding GLW Restricted Stock Unit 3,945 03 Apr 2023 Common Stock 3,945 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
F2 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.
F3 The restricted stock units (RSUs) vest 2/3 after 1 year and 1/3 after 18 months from the grant date.
F4 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.