Jaymin Amin - Aug 8, 2024 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
SVP and Chief Tech. Officer
Signature
Melissa J. Gambol, Power of Attorney
Stock symbol
GLW
Transactions as of
Aug 8, 2024
Transactions value $
-$73,359
Form type
4
Date filed
8/12/2024, 04:05 PM
Previous filing
Jul 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Options Exercise $0 +2.64K +3.02% $0.00 90K Aug 8, 2024 Direct
transaction GLW Common Stock Options Exercise $0 +1.08K +1.2% $0.00 91.1K Aug 8, 2024 Direct
transaction GLW Common Stock Tax liability -$73.4K -1.9K -2.09% $38.61 89.2K Aug 8, 2024 Direct
holding GLW Common Stock 2.52K Aug 8, 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 -2.64K -25% $0.00 7.92K Aug 8, 2024 Common Stock 2.64K Direct F2, F6
transaction GLW Restricted Stock Unit Options Exercise $0 -1.08K -100% $0.00* 0 Aug 8, 2024 Common Stock 1.08K Direct F2, F7
holding GLW Restricted Stock Unit 6.37K Aug 8, 2024 Common Stock 6.37K Direct F2, F3
holding GLW Restricted Stock Unit 17.4K Aug 8, 2024 Common Stock 17.4K Direct F2, F4
holding GLW Restricted Stock Unit 7.55K Aug 8, 2024 Common Stock 7.55K Direct F2, F3
holding GLW Restricted Stock Unit 15.4K Aug 8, 2024 Common Stock 15.4K Direct F2, F5
* 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 July 31, 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) 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 (RSUs) granted on February 8, 2023 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.
F7 The restricted stock units (RSUs) granted on February 8, 2023 vest 2/3 after 1 year and 1/3 after 18 months from the grant date.