Lawrence D. McRae - 21 Dec 2023 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Vice Chairman & Corp. Dev. Off
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
21 Dec 2023
Net transactions value
-$191,169
Form type
4
Filing time
22 Dec 2023, 16:02:47 UTC
Previous filing
21 Nov 2023
Next filing
04 Jan 2024
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 $357,630 +18,200 +8.9% $19.65 223,458 21 Dec 2023 Direct
transaction GLW Common Stock Sale $548,799 -18,200 -8.1% $30.15 205,258 21 Dec 2023 Direct
holding GLW Common Stock 799 21 Dec 2023 Held By Wife - Emp. Benefit Plan F1, F2
holding GLW Common Stock 5,958 21 Dec 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 Stock Options (Right to Buy) Options Exercise $0 -18,200 -100% $0.000000* 0 21 Dec 2023 Common Stock 18,200 $19.65 Direct F3
* 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 November 30, 2023.
F2 The reporting person disclaims beneficial ownership of all securities held by spouse.
F3 On December 2, 2020, the Compensation Committee approved the early vesting of one half of the stock options granted on May 15, 2020. The remaining stock options vested ratably over three years from the grand date.