Michael Paul O'Day - Sep 2, 2024 Form 3 Insider Report for CORNING INC /NY (GLW)

Role
SVP and GM, Optical Comm.
Signature
Melissa J. Gambol, Power of Attorney
Stock symbol
GLW
Transactions as of
Sep 2, 2024
Transactions value $
$0
Form type
3
Date filed
9/6/2024, 04:01 PM
Next filing
Nov 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GLW Common Stock 47.4K Sep 2, 2024 Direct 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
holding GLW Restricted Stock Unit Sep 2, 2024 Common Stock 3.27K Direct F2, F3
holding GLW Performance Share Unit Sep 2, 2024 Common Stock 2.46K Direct F4, F5
holding GLW Performance Share Unit Sep 2, 2024 Common Stock 1.57K Direct F5, F6
holding GLW Restricted Stock Unit Sep 2, 2024 Common Stock 5.2K Direct F3, F7
holding GLW Restricted Stock Unit Sep 2, 2024 Common Stock 6.89K Direct F3, F8
holding GLW Restricted Stock Unit Sep 2, 2024 Common Stock 6.24K Direct F3, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 16,000 shares granted under Corning's Incentive Stock Plan that are subject to the restrictions and terms contained in the agreement dated April 28, 2022.
F2 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.
F3 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
F4 Earned PSUs remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement.
F5 Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
F6 Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.
F7 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.
F8 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.
F9 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.