Avery H. Nelson III - 27 Apr 2023 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Sr VP & GM, Automotive & Solar
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
27 Apr 2023
Net transactions value
-$55,282
Form type
4
Filing time
28 Apr 2023, 16:04:00 UTC
Previous filing
18 Apr 2023
Next filing
17 May 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 +442 +1.2% $0.000000 38,806 27 Apr 2023 Direct
transaction GLW Common Stock Options Exercise $0 +146 +0.38% $0.000000 38,952 27 Apr 2023 Direct
transaction GLW Common Stock Options Exercise $0 +438 +1.1% $0.000000 39,390 27 Apr 2023 Direct
transaction GLW Common Stock Options Exercise $0 +662 +1.7% $0.000000 40,052 27 Apr 2023 Direct
transaction GLW Common Stock Tax liability $55,282 -1,688 -4.2% $32.75 38,364 27 Apr 2023 Direct
holding GLW Common Stock 3,576 27 Apr 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 Performance Share Unit Options Exercise $0 -442 -4.6% $0.000000 9,181 27 Apr 2023 Common Stock 442 Direct F7, F8
transaction GLW Performance Share Unit Options Exercise $0 -146 -4.6% $0.000000 3,038 27 Apr 2023 Common Stock 146 Direct F7, F9
transaction GLW Restricted Stock Unit Options Exercise $0 -438 -4.6% $0.000000 9,110 27 Apr 2023 Common Stock 438 Direct F2, F8
transaction GLW Restricted Stock Unit Options Exercise $0 -662 -4.6% $0.000000 13,777 27 Apr 2023 Common Stock 662 Direct F2, F9
holding GLW Restricted Stock Unit 14,853 27 Apr 2023 Common Stock 14,853 Direct F2, F3
holding GLW Restricted Stock Unit 4,321 27 Apr 2023 Common Stock 4,321 Direct F2, F4
holding GLW Restricted Stock Unit 18,884 27 Apr 2023 Common Stock 18,884 Direct F2, F5
holding GLW Restricted Stock Unit 4,071 27 Apr 2023 Common Stock 4,071 Direct F2, F6
holding GLW Restricted Stock Unit 588 27 Apr 2023 Common Stock 588 Direct F2, F6
* 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 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 (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.
F6 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.
F7 Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
F8 Vesting to satisfy tax requirement pursuant to the 2021 agreement.
F9 Vesting to satisfy tax requirement pursuant to the 2022 agreement.