Cheryl C. Capps - 15 May 2023 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
SVP & Chief Supply Chain Off.
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
15 May 2023
Net transactions value
-$62,681
Form type
4
Filing time
17 May 2023, 16:06:22 UTC
Previous filing
02 May 2023
Next filing
26 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 +3,902 +3.9% $0.000000 103,902 15 May 2023 Direct
transaction GLW Common Stock Options Exercise $0 +615 +0.59% $0.000000 104,517 15 May 2023 Direct
transaction GLW Common Stock Tax liability $62,681 -2,009 -1.9% $31.20 102,508 15 May 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 Options Exercise $0 -3,902 -100% $0.000000* 0 15 May 2023 Common Stock 3,902 Direct F1, F7
transaction GLW Restricted Stock Unit Options Exercise $0 -615 -100% $0.000000* 0 15 May 2023 Common Stock 615 Direct F1, F7
holding GLW Restricted Stock Unit 11,016 15 May 2023 Common Stock 11,016 Direct F1, F2
holding GLW Restricted Stock Unit 1,002 15 May 2023 Common Stock 1,002 Direct F1, F3
holding GLW Restricted Stock Unit 6,373 15 May 2023 Common Stock 6,373 Direct F1, F4
holding GLW Restricted Stock Unit 9,304 15 May 2023 Common Stock 9,304 Direct F1, F5
holding GLW Restricted Stock Unit 11,588 15 May 2023 Common Stock 11,588 Direct F1, F6
* 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, 2024. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
F5 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.
F6 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.
F7 The restricted stock units vested on May 15, 2023 pursuant to the 2020 agreement.