Michael Paul O'Day - 04 Feb 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
04 Feb 2025
Net transactions value
-$29,038
Form type
4
Filing time
06 Feb 2025, 16:26:16 UTC
Previous filing
06 Jan 2025
Next filing
12 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 +198 +0.44% $0.000000 45,499 04 Feb 2025 Direct F1
transaction GLW Common Stock Options Exercise $0 +185 +0.41% $0.000000 45,684 04 Feb 2025 Direct F1
transaction GLW Common Stock Options Exercise $0 +175 +0.38% $0.000000 45,859 04 Feb 2025 Direct F1
transaction GLW Common Stock Tax liability $29,038 -558 -1.2% $52.04 45,301 04 Feb 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 Performance Share Unit Award $0 +6,198 $0.000000 6,198 04 Feb 2025 Common Stock 6,198 Direct F1, F2
transaction GLW Performance Share Unit Award $0 +5,794 +368% $0.000000 7,367 04 Feb 2025 Common Stock 5,794 Direct F1, F3
transaction GLW Performance Share Unit Award $0 +5,467 +223% $0.000000 7,923 04 Feb 2025 Common Stock 5,467 Direct F1, F4
transaction GLW Performance Share Unit Options Exercise $0 -198 -3.2% $0.000000 6,000 04 Feb 2025 Common Stock 198 Direct F1, F5
transaction GLW Performance Share Unit Options Exercise $0 -185 -2.5% $0.000000 7,182 04 Feb 2025 Common Stock 185 Direct F1, F6
transaction GLW Performance Share Unit Options Exercise $0 -175 -2.2% $0.000000 7,748 04 Feb 2025 Common Stock 175 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
F2 Performance share units (PSUs) were earned February 4, 2025 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2024 pursuant to the 2024 agreement. Earned PSUs remain restricted until April 15, 2027, when they vest and convert to common stock, subject to service-based vesting requirement.
F3 Performance share units (PSUs) were earned February 4, 2025 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2024 pursuant to the 2023 agreement. Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.
F4 Performance share units (PSUs) were earned February 4, 2025 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2024 pursuant to the 2022 agreement. Earned PSUs remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement.
F5 Vesting to satisfy tax requirement pursuant to the 2024 agreement.
F6 Vesting to satisfy tax requirement pursuant to the 2023 agreement.
F7 Vesting to satisfy tax requirement pursuant to the 2022 agreement.