Wendell P. Weeks - Apr 3, 2023 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Chairman and CEO, Director
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, 04:21 PM
Previous filing
Feb 17, 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 683K Apr 3, 2023 Direct
holding GLW Common Stock 9.2K Apr 3, 2023 Held by Spouse F1
holding GLW Common Stock 6.63K Apr 3, 2023 Held By Spouse - Emp. Ben. Plan F1, F2
holding GLW Common Stock 10.9K Apr 3, 2023 Trustee U/employee Benefit Plan F2

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 +109K $0.00 109K Apr 3, 2023 Common Stock 109K Direct F3, F9
holding GLW Restricted Stock Unit 10.8K Apr 3, 2023 Common Stock 10.8K Direct F3, F4
holding GLW Restricted Stock Unit 148K Apr 3, 2023 Common Stock 148K Direct F3, F5
holding GLW Restricted Stock Unit 76.4K Apr 3, 2023 Common Stock 76.4K Direct F3, F6
holding GLW Restricted Stock Unit 100K Apr 3, 2023 Common Stock 100K Direct F3, F7
holding GLW Restricted Stock Unit 2.9K Apr 3, 2023 Common Stock 2.9K Direct F3, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership of all securities held by spouse.
F2 Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of March 31, 2023.
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.