R. Tony Tripeny - 02 May 2022 Form 4 Insider Report for CORNING INC /NY (GLW)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 May 2022, 16:44:02 UTC
Prior SEC filing
20 Apr 2022
Next SEC filing
11 Jul 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Linda E. Jolly, Power of Attorney

Key filing fact

R. Tony Tripeny filed Form 4 for CORNING INC /NY (GLW) on 04 May 2022.

Key facts

  • This page summarizes R. Tony Tripeny's Form 4 filing for CORNING INC /NY (GLW).
  • 8 reported transactions and 9 derivative rows are listed below.
  • Accepted by SEC: 04 May 2022, 16:44.

Change

  • Previous filing in this sequence was filed on 20 Apr 2022.
  • Current net transaction value: +$172,824.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GLW transaction

Common Stock

Options Exercise

Transaction value
$34,486
Shares
+959
Change %
+11%
Price
$35.96
Shares after
9,368
Date
02 May 2022
Ownership
Direct
GLW transaction

Common Stock

Options Exercise

Transaction value
$318,678
Shares
+8,862
Change %
+95%
Price
$35.96
Shares after
18,230
Date
02 May 2022
Ownership
Direct
GLW transaction

Common Stock

Tax liability

Transaction value
$180,339
Shares
-5,015
Change %
-28%
Price
$35.96
Shares after
13,215
Date
02 May 2022
Ownership
Direct
GLW holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
81,632
Date
02 May 2022
Ownership
By Trust

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GLW transaction Derivative

Restricted Stock Unit

Disposed to Issuer

Transaction value
$0
Shares
-1,134
Change %
-54%
Price
$0.000000
Shares after
959
Date
02 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,134
Exercise price
Footnotes
F1, F2, F3
GLW transaction Derivative

Restricted Stock Unit

Disposed to Issuer

Transaction value
$0
Shares
-14,027
Change %
-67%
Price
$0.000000
Shares after
7,013
Date
02 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
14,027
Exercise price
Footnotes
F1, F4, F5
GLW transaction Derivative

Performance Share Unit

Disposed to Issuer

Transaction value
$0
Shares
-10,474
Change %
-54%
Price
$0.000000
Shares after
8,862
Date
02 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,474
Exercise price
Footnotes
F6, F7, F8
GLW transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-959
Change %
-100%
Price
$0.000000*
Shares after
0
Date
02 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
959
Exercise price
Footnotes
F1, F9
GLW transaction Derivative

Performance Share Unit

Options Exercise

Transaction value
$0
Shares
-8,862
Change %
-100%
Price
$0.000000*
Shares after
0
Date
02 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
8,862
Exercise price
Footnotes
F6, F10
GLW holding Derivative

Performance Share Unit

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
57,038
Date
02 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
57,038
Exercise price
Footnotes
F6, F11
GLW holding Derivative

Performance Share Unit

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
13,210
Date
02 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
13,210
Exercise price
Footnotes
F6, F12
GLW holding Derivative

Restricted Stock Unit

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
35,383
Date
02 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
35,383
Exercise price
Footnotes
F1, F13
GLW holding Derivative

Restricted Stock Unit

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
16,516
Date
02 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
16,516
Exercise price
Footnotes
F1, F14
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 14 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.

Footnote F2

Represents the forfeiture of Restricted Stock Units awarded May 15, 2020, per terms of the May 2020 agreement approved by the Compensation Committee.

Footnote F3

Restricted Stock Units awarded May 15, 2020 were forfeited per terms of the May 2020 agreement approved by the Compensation Committee.

Footnote F4

Represents the forfeiture of Restricted Stock Units awarded April 1, 2022, per terms of the April 2022 agreement approved by the Compensation Committee.

Footnote F5

Restricted Stock Units awarded April 1, 2022 were forfeited per terms of the April 2022 agreement approved by the Compensation Committee.

Footnote F6

Each Performance Share Unit represents a contingent right to receive one share of Corning Incorporated Common Stock.

Footnote F7

Represents the forfeiture of Performance Share Units earned February 3, 2021, per terms of the May 15, 2020 agreement approved by the Compensation Committee.

Footnote F8

Performance Share Units earned February 3, 2021 were forfeited per terms of the May 15, 2020 agreement approved by the Compensation Committee.

Footnote F9

Earned Restricted Stock Units awarded May 15, 2020 remained restricted until May 2, 2022 when they vested and converted into Common Stock per terms of the May 2020 agreement approved by the Compensation Committee.

Footnote F10

Performance Share Units earned February 3, 2021 remained restricted until May 2, 2022 when they vested and converted into Common Stock per terms of the May 15, 2020 agreement approved by the Compensation Committee.

Footnote F11

Earned Performance Share Units remain restricted until February 2023, when they vest and convert to Common Stock per terms of the April 1, 2020 agreement approved by the Compensation Committee.

Footnote F12

Earned Performance Share Units remain restricted until February 2024, when they vest and convert to Common Stock per terms of the April 1, 2021 agreement approved by the Compensation Committee.

Footnote F13

Earned Restricted Stock Units remain restricted until November 1, 2022, when they vest and convert to Common Stock per terms of the April 1, 2020 agreement approved by the Compensation Committee.

Footnote F14

Earned Restricted Stock Units remain restricted until November 1, 2022, when they vest and convert to Common Stock per terms of the April 1, 2021 agreement approved by the Compensation Committee.

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