Wendell P. Weeks - Apr 1, 2024 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Chairman and CEO, Director
Signature
Linda E. Jolly, Power of Attorney
Stock symbol
GLW
Transactions as of
Apr 1, 2024
Transactions value $
$0
Form type
4
Date filed
4/3/2024, 04:14 PM
Previous filing
Feb 20, 2024
Next filing
Apr 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GLW Common Stock 859K Apr 1, 2024 Direct
holding GLW Common Stock 9.2K Apr 1, 2024 Held by Spouse F1
holding GLW Common Stock 6.86K Apr 1, 2024 Held By Spouse - Emp. Ben. Plan F1, F2
holding GLW Common Stock 11.3K Apr 1, 2024 Trustee U/employee Benefit Plan F2

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 Award $0 +116K $0.00 116K Apr 1, 2024 Common Stock 116K Direct F3, F8
holding GLW Restricted Stock Unit 3.6K Apr 1, 2024 Common Stock 3.6K Direct F3, F4
holding GLW Restricted Stock Unit 76.4K Apr 1, 2024 Common Stock 76.4K Direct F3, F5
holding GLW Restricted Stock Unit 100K Apr 1, 2024 Common Stock 100K Direct F3, F6
holding GLW Restricted Stock Unit 104K Apr 1, 2024 Common Stock 104K Direct F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership of all securities held by spouse.
F2 Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of March 28, 2024.
F3 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
F4 The restricted stock units (RSUs) granted on February 8, 2023 will 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 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.
F8 The restricted stock units (RSUs) vest 100% on April 15, 2027. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.