John P. Bayne Jr. - 01 Jul 2024 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Retired Senior Vice President
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
01 Jul 2024
Net transactions value
-$42,101
Form type
4
Filing time
03 Jul 2024, 12:05:25 UTC
Previous filing
10 May 2024
Next filing
15 Aug 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 +1,650 $0.000000 1,650 01 Jul 2024 Direct
transaction GLW Common Stock Options Exercise $0 +481 +29% $0.000000 2,131 01 Jul 2024 Direct
transaction GLW Common Stock Tax liability $42,101 -1,089 -51% $38.66 1,042 01 Jul 2024 Direct
holding GLW Common Stock - Jt. Tenant W/wife 25,658 01 Jul 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 Options Exercise $0 -1,650 -100% $0.000000* 0 01 Jul 2024 Common Stock 1,650 Direct F1, F4
transaction GLW Restricted Stock Unit Options Exercise $0 -481 -100% $0.000000* 0 01 Jul 2024 Common Stock 481 Direct F1, F4
holding GLW Restricted Stock Unit 13,618 01 Jul 2024 Common Stock 13,618 Direct F1, F2
holding GLW Restricted Stock Unit 14,112 01 Jul 2024 Common Stock 14,112 Direct F1, 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 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.
F3 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.
F4 The restricted stock units vested on July 1, 2024.