Michael Paul O'Day - 02 Jan 2025 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
SVP and GM, Optical Comm.
Signature
Melissa J. Gambol, Power of Attorney
Issuer symbol
GLW
Transactions as of
02 Jan 2025
Net transactions value
-$19,945
Form type
4
Filing time
06 Jan 2025, 16:16:02 UTC
Previous filing
14 Nov 2024
Next filing
06 Feb 2025
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 +427 +0.94% $0.000000 45,728 02 Jan 2025 Direct
transaction GLW Common Stock Tax liability $19,945 -427 -0.93% $46.71 45,301 02 Jan 2025 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 -427 -6.2% $0.000000 6,460 02 Jan 2025 Common Stock 427 Direct F1, F5
holding GLW Restricted Stock Unit 3,273 02 Jan 2025 Common Stock 3,273 Direct F1, F2
holding GLW Restricted Stock Unit 5,199 02 Jan 2025 Common Stock 5,199 Direct F1, F3
holding GLW Restricted Stock Unit 6,244 02 Jan 2025 Common Stock 6,244 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) 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 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, 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) 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.