Soumya Seetharam - Apr 3, 2023 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Senior Vice President & CDIO
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, 04:19 PM
Previous filing
Feb 10, 2023
Next filing
Dec 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GLW Common Stock 75K Apr 3, 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 +13.7K $0.00 13.7K Apr 3, 2023 Common Stock 13.7K Direct F1, F4
holding GLW Restricted Stock Unit 13.6K Apr 3, 2023 Common Stock 13.6K Direct F1, F2
holding GLW Restricted Stock Unit 3.95K Apr 3, 2023 Common Stock 3.95K 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.