Martin J. Curran - 31 Jul 2024 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Executive Vice President
Signature
Melissa J. Gambol, Power of Attorney
Issuer symbol
GLW
Transactions as of
31 Jul 2024
Net transactions value
-$101,545
Form type
4
Filing time
02 Aug 2024, 16:03:29 UTC
Previous filing
07 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 +3,215 $0.000000 3,215 31 Jul 2024 Direct
transaction GLW Common Stock Options Exercise $0 +1,754 +55% $0.000000 4,969 31 Jul 2024 Direct
transaction GLW Common Stock Tax liability $101,545 -2,538 -51% $40.01 2,431 31 Jul 2024 Direct
holding GLW Common Stock 2,500 31 Jul 2024 By Trust F1
holding GLW Common Stock 2,500 31 Jul 2024 By Trust F1
holding GLW Common Stock - Jt. Tenant W/wife 65,598 31 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 -3,215 -100% $0.000000* 0 31 Jul 2024 Common Stock 3,215 Direct F2, F6
transaction GLW Restricted Stock Unit Options Exercise $0 -1,754 -100% $0.000000* 0 31 Jul 2024 Common Stock 1,754 Direct F2, F6
holding GLW Restricted Stock Unit 16,216 31 Jul 2024 Common Stock 16,216 Direct F2, F3
holding GLW Restricted Stock Unit 9,527 31 Jul 2024 Common Stock 9,527 Direct F2, F4
holding GLW Restricted Stock Unit 16,817 31 Jul 2024 Common Stock 16,817 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities are held by an irrevocable trust, of which the reporting person and the reporting person's spouse serve as trustees.
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 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.
F4 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.
F5 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.
F6 The restricted stock units vested 100% on July 31, 2024.