Anne Mullins - May 15, 2023 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Retired Senior Vice President
Signature
Linda E. Jolly, Power of Attorney
Stock symbol
GLW
Transactions as of
May 15, 2023
Transactions value $
-$56,316
Form type
4
Date filed
5/17/2023, 04:11 PM
Previous filing
May 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Options Exercise $0 +3.33K $0.00 3.33K May 15, 2023 Direct
transaction GLW Common Stock Options Exercise $0 +411 +12.36% $0.00 3.74K May 15, 2023 Direct
transaction GLW Common Stock Tax liability -$56.3K -1.81K -48.31% $31.20 1.93K May 15, 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 -3.33K -100% $0.00* 0 May 15, 2023 Common Stock 3.33K Direct F1, F4
transaction GLW Restricted Stock Unit Options Exercise $0 -411 -100% $0.00* 0 May 15, 2023 Common Stock 411 Direct F1, F4
holding GLW Restricted Stock Unit 9.06K May 15, 2023 Common Stock 9.06K Direct F1, F2
holding GLW Restricted Stock Unit 12.4K May 15, 2023 Common Stock 12.4K 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 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.
F3 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.
F4 The restricted stock units vested on May 15, 2023 pursuant to the 2020 agreement.