Stephanie Burns - 28 Jun 2024 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Director
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
28 Jun 2024
Net transactions value
+$33,528
Form type
4
Filing time
01 Jul 2024, 16:04:25 UTC
Previous filing
15 May 2024
Next filing
14 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GLW Common Stock 56,888 28 Jun 2024 Direct
holding GLW Common Stock 107 28 Jun 2024 By Trust

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 $33,528 +863 +4% $38.85 22,228 28 Jun 2024 Common Stock 863 Direct F4, F5
holding GLW Restricted Stock Unit 1,045 28 Jun 2024 Common Stock 1,045 Direct F1, F2
holding GLW Restricted Stock Unit 1,817 28 Jun 2024 Common Stock 1,817 Direct F1, F2
holding GLW Restricted Stock Unit 46,528 28 Jun 2024 Common Stock 46,528 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
F2 Conversion of restricted stock units to the Company's common stock and distribution of such stock is deferred until a specific date as elected by the participant or termination of service as a Corning director.
F3 Represents annual equity retainer in the form of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Corning Incorporated common stock.
F4 Represents restricted stock units (RSUs) granted under the Non-Employee Directors' Deferred Compensation Plan. Each RSU represents a contingent right to receive one share of Corning Incorporated common stock.
F5 Conversion of restricted stock units to the Company's common stock and distribution of such stock under the Non-Employee Directors' Deferred Compensation Plan is deferred until a specific date as elected by the participant or termination of service as a Corning director.