Lawrence D. McRae - Jan 2, 2024 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Vice Chairman & Corp. Dev. Off
Signature
Linda E. Jolly, Power of Attorney
Stock symbol
GLW
Transactions as of
Jan 2, 2024
Transactions value $
-$39,241
Form type
4
Date filed
1/4/2024, 04:18 PM
Previous filing
Dec 22, 2023
Next filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Options Exercise $0 +1.14K +0.55% $0.00 206K Jan 2, 2024 Direct
transaction GLW Common Stock Tax liability -$34.6K -1.14K -0.55% $30.49 205K Jan 2, 2024 Direct
transaction GLW Common Stock Options Exercise $0 +418 +0.2% $0.00 206K Jan 2, 2024 Direct
transaction GLW Common Stock Tax liability -$4.6K -151 -0.07% $30.49 206K Jan 2, 2024 Direct
holding GLW Common Stock 806 Jan 2, 2024 Held By Wife - Emp. Benefit Plan F1, F2
holding GLW Common Stock 6.01K Jan 2, 2024 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 Restricted Stock Unit Options Exercise $0 -1.14K -5.09% $0.00 21.2K Jan 2, 2024 Common Stock 1.14K Direct F3, F6
transaction GLW Restricted Stock Unit Options Exercise $0 -418 -100% $0.00* 0 Jan 2, 2024 Common Stock 418 Direct F3, F7
holding GLW Restricted Stock Unit 16.9K Jan 2, 2024 Common Stock 16.9K Direct F3, F4
holding GLW Restricted Stock Unit 20.4K Jan 2, 2024 Common Stock 20.4K Direct F3, F5
* 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 December 29, 2023.
F2 The reporting person disclaims beneficial ownership of all securities held by spouse.
F3 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
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 January 2, 2024 pursuant to the 2023 agreement.