Jaymin Amin - Jan 4, 2024 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
SVP and Chief Tech. Officer
Signature
Linda E. Jolly, Power of Attorney
Stock symbol
GLW
Transactions as of
Jan 4, 2024
Transactions value $
-$28,887
Form type
4
Date filed
1/8/2024, 04:06 PM
Previous filing
Jul 19, 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 +954 +1.1% $0.00 87.4K Jan 4, 2024 Direct
transaction GLW Common Stock Tax liability -$28.9K -954 -1.09% $30.28 86.5K Jan 4, 2024 Direct
holding GLW Common Stock 2.48K Jan 4, 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 -954 -5.85% $0.00 15.4K Jan 4, 2024 Common Stock 954 Direct F2, F7
holding GLW Restricted Stock Unit 15.8K Jan 4, 2024 Common Stock 15.8K Direct F2, F3
holding GLW Restricted Stock Unit 3.24K Jan 4, 2024 Common Stock 3.24K Direct F2, F4
holding GLW Restricted Stock Unit 4.44K Jan 4, 2024 Common Stock 4.44K Direct F2, F5
holding GLW Restricted Stock Unit 6.37K Jan 4, 2024 Common Stock 6.37K Direct F2, F6
holding GLW Restricted Stock Unit 7.55K Jan 4, 2024 Common Stock 7.55K Direct F2, F6
* 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 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
F3 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.
F4 The restricted stock units (RSUs) vest 2/3 after 1 year and 1/3 after 18 months from the grant date.
F5 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.
F6 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.
F7 Vesting to satisfy tax requirement pursuant to the 2023 agreement.