Jaymin Amin - 15 Apr 2024 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
SVP and Chief Tech. Officer
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
15 Apr 2024
Net transactions value
-$138,145
Form type
4
Filing time
17 Apr 2024, 15:37:29 UTC
Previous filing
03 Apr 2024
Next filing
16 Jul 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 $0 +4,439 +4.9% $0.000000 95,680 15 Apr 2024 Direct
transaction GLW Common Stock Options Exercise $0 +6,349 +6.6% $0.000000 102,029 15 Apr 2024 Direct
transaction GLW Common Stock Tax liability $138,145 -4,415 -4.3% $31.29 97,614 15 Apr 2024 Direct
holding GLW Common Stock 2,503 15 Apr 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 -4,439 -100% $0.000000* 0 15 Apr 2024 Common Stock 4,439 Direct F2, F11
transaction GLW Performance Share Unit Options Exercise $0 -6,349 -100% $0.000000* 0 15 Apr 2024 Common Stock 6,349 Direct F5, F12
holding GLW Restricted Stock Unit 10,562 15 Apr 2024 Common Stock 10,562 Direct F2, F3
holding GLW Restricted Stock Unit 1,081 15 Apr 2024 Common Stock 1,081 Direct F2, F4
holding GLW Performance Share Unit 6,575 15 Apr 2024 Common Stock 6,575 Direct F5, F6
holding GLW Performance Share Unit 3,964 15 Apr 2024 Common Stock 3,964 Direct F5, F7
holding GLW Restricted Stock Unit 6,367 15 Apr 2024 Common Stock 6,367 Direct F2, F8
holding GLW Restricted Stock Unit 17,447 15 Apr 2024 Common Stock 17,447 Direct F2, F9
holding GLW Restricted Stock Unit 7,552 15 Apr 2024 Common Stock 7,552 Direct F2, F8
holding GLW Restricted Stock Unit 15,355 15 Apr 2024 Common Stock 15,355 Direct F2, F10
* 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 March 28, 2024.
F2 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
F3 The restricted stock units (RSUs) granted on February 8, 2023 will vest 1/3 after 1 year from the 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) granted on February 8, 2023 will vest 2/3 after 1 year and 1/3 after 18 months from the grant date.
F5 Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
F6 Earned PSUs remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement.
F7 Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.
F8 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.
F9 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.
F10 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.
F11 The restricted stock units (RSUs) vested 100% on April 15, 2024.
F12 The performance share units (PSUs) vested 100% on April 15, 2024.