Lewis A. Steverson - 15 Jun 2023 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
EVP and CLAO
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
15 Jun 2023
Net transactions value
-$10,050
Form type
4
Filing time
16 Jun 2023, 16:06:18 UTC
Previous filing
17 May 2023
Next filing
28 Jul 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 +29 +0.07% $0.000000 42,665 15 Jun 2023 Direct
transaction GLW Common Stock Options Exercise $0 +551 +1.3% $0.000000 43,216 15 Jun 2023 Direct
transaction GLW Common Stock Tax liability $10,050 -297 -0.69% $33.84 42,919 15 Jun 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 -29 -100% $0.000000* 0 15 Jun 2023 Common Stock 29 Direct F1, F6
transaction GLW Restricted Stock Unit Options Exercise $0 -551 -100% $0.000000* 0 15 Jun 2023 Common Stock 551 Direct F1, F6
holding GLW Restricted Stock Unit 2,909 15 Jun 2023 Common Stock 2,909 Direct F1, F2
holding GLW Restricted Stock Unit 22,430 15 Jun 2023 Common Stock 22,430 Direct F1, F3
holding GLW Restricted Stock Unit 29,955 15 Jun 2023 Common Stock 29,955 Direct F1, F4
holding GLW Restricted Stock Unit 32,618 15 Jun 2023 Common Stock 32,618 Direct F1, F5
* 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 2/3 after 1 year and 1/3 after 18 months from the grant date.
F3 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.
F4 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.
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 vested on June 15, 2023 pursuant to the 2020 agreement.