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

Role
SVP, Corning Intl & NBD, Solar
Signature
Melissa J. Gambol, Power of Attorney
Stock symbol
GLW
Transactions as of
Aug 8, 2024
Transactions value $
-$112,818
Form type
4
Date filed
8/12/2024, 04:08 PM
Previous filing
Feb 23, 2024
Next filing
Nov 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Options Exercise $0 +1.94K $0.00 1.94K Aug 8, 2024 Direct F1
transaction GLW Common Stock Options Exercise $0 +979 +50.39% $0.00 2.92K Aug 8, 2024 Direct F1
transaction GLW Common Stock Disposed to Issuer -$113K -2.92K -100% $38.61 0 Aug 8, 2024 Direct

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 -1.94K -24.99% $0.00 5.83K Aug 8, 2024 Common Stock 1.94K Direct F1, F2
transaction GLW Restricted Stock Unit Options Exercise $0 -979 -100% $0.00* 0 Aug 8, 2024 Common Stock 979 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units will be settled solely in cash ("cash-settled RSUs"). Each cash-settled RSU is the economic equivalent of one share of Corning Incorporated common stock.
F2 The cash-settled 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.
F3 The cash-settled RSUs granted on February 8, 2023 vest 2/3 after 1 year and 1/3 after 18 months from the grant date.