John Z. Zhang - 08 Aug 2024 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
SVP&GM Display, MCE & Asia
Signature
Melissa J. Gambol, Power of Attorney
Issuer symbol
GLW
Transactions as of
08 Aug 2024
Net transactions value
-$63,050
Form type
4
Filing time
12 Aug 2024, 16:14:46 UTC
Previous filing
02 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 +2,475 +22% $0.000000 13,830 08 Aug 2024 Direct
transaction GLW Common Stock Options Exercise $0 +721 +5.2% $0.000000 14,551 08 Aug 2024 Direct
transaction GLW Common Stock Tax liability $63,050 -1,633 -11% $38.61 12,918 08 Aug 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 -2,475 -25% $0.000000 7,427 08 Aug 2024 Common Stock 2,475 Direct F1, F5
transaction GLW Restricted Stock Unit Options Exercise $0 -721 -100% $0.000000* 0 08 Aug 2024 Common Stock 721 Direct F1, F6
holding GLW Restricted Stock Unit 14,439 08 Aug 2024 Common Stock 14,439 Direct F1, F2
holding GLW Restricted Stock Unit 22,498 08 Aug 2024 Common Stock 22,498 Direct F1, F3
holding GLW Restricted Stock Unit 18,884 08 Aug 2024 Common Stock 18,884 Direct F1, F4
* 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, 2027. 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, 2026. 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) 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.
F6 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.