Li Fang - 10 Feb 2025 Form 4 Insider Report for CORNING INC /NY (GLW)

Signature
Melissa J. Gambol, Power of Attorney
Issuer symbol
GLW
Transactions as of
10 Feb 2025
Net transactions value
-$103,076
Form type
4
Filing time
12 Feb 2025, 16:16:21 UTC
Previous filing
01 Nov 2024
Next filing
12 Aug 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Options Exercise $0 +1,943 $0.000000 1,943 10 Feb 2025 Direct F1
transaction GLW Common Stock Disposed to Issuer $103,076 -1,943 -100% $53.05 0 10 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 Restricted Stock Unit Options Exercise $0 -1,943 -33% $0.000000 3,888 10 Feb 2025 Common Stock 1,943 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units will be settled solely in cash ("cash-settled RSUs"). Each cash-settled RSU is the economic equivalent of one share of Corning Incorporated common stock.
F2 The cash-settled 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.