Stefan Becker - Oct 30, 2024 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
SVP, Finance & Controller
Signature
Melissa J. Gambol, Power of Attorney
Stock symbol
GLW
Transactions as of
Oct 30, 2024
Transactions value $
-$787,734
Form type
4
Date filed
11/1/2024, 04:01 PM
Previous filing
Dec 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Options Exercise $300K +8.84K +33.08% $33.92 35.6K Oct 30, 2024 Direct
transaction GLW Common Stock Options Exercise $83K +4.23K +11.87% $19.65 39.8K Oct 30, 2024 Direct
transaction GLW Common Stock Sale -$1.17M -24.1K -60.49% $48.63 15.7K Oct 30, 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
transaction GLW Stock Options (Right to Buy) Options Exercise $0 -8.84K -100% $0.00 0 Oct 30, 2024 Common Stock 8.84K $33.92 Direct
transaction GLW Stock Options (Right to Buy) Options Exercise $0 -4.23K -100% $0.00 0 Oct 30, 2024 Common Stock 4.23K $19.65 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.55 to $48.925, inclusive. The reporting person undertakes to provide to Corning Incorporated, any security holder of Corning Incorporated, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth previously in this footnote.
F2 On December 2, 2020, the Compensation Committee approved the early vesting of one half of the stock options granted on May 15, 2020. The remaining stock options vested ratably over three years from the grand date.