Robert P. France - 01 May 2023 Form 4 Insider Report for CORNING INC /NY (GLW)

Reporting relationship: Retired Sr VP, Human Resources
Issuer ticker: GLW
Reported as of: 01 May 2023
Net transaction value: -$309,049
SEC form: 4
Accepted by SEC: 03 May 2023, 16:04:57 UTC
Prior SEC filing: 18 Apr 2023
Source filing: View source filing
Reporting owner signature: Linda E. Jolly, Power of Attorney

Key filing fact

Robert P. France filed Form 4 for CORNING INC /NY (GLW) on 03 May 2023.

Key facts

This page summarizes Robert P. France's Form 4 filing for CORNING INC /NY (GLW).
6 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 03 May 2023, 16:04.

Change

Previous filing in this sequence was filed on 18 Apr 2023.
Current net transaction value: -$309,049.

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

Disposed to Issuer

Transaction value: $0
Shares: -1,875
Change %: -4.4%
Price: $0.000000
Shares after: 41,226
Date: 01 May 2023
Ownership: Direct

GLW transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +607
Change %: +1.5%
Price: $0.000000
Shares after: 41,833
Date: 01 May 2023
Ownership: Direct

GLW transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +4,549
Change %: +11%
Price: $0.000000
Shares after: 46,382
Date: 01 May 2023
Ownership: Direct

GLW transaction

Common Stock

Tax liability

Transaction value: $309,049
Shares: -9,334
Change %: -20%
Price: $33.11
Shares after: 37,048
Date: 01 May 2023
Ownership: Direct

Reported derivative securities

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

GLW transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value: $0
Shares: -607
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 May 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 607
Exercise price
Footnotes: F1, F4

GLW transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value: $0
Shares: -4,549
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 May 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 4,549
Exercise price
Footnotes: F1, F4

GLW holding Derivative

Restricted Stock Unit

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 5,650
Date: 01 May 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,650
Exercise price
Footnotes: F1, F2

GLW holding Derivative

Restricted Stock Unit

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 8,835
Date: 01 May 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,835
Exercise price
Footnotes: F1, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

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

Footnote F2

The restricted stock units (RSUs) vest 100% on April 15, 2024. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.

Footnote 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.

Footnote F4

Earned restricted stock units awarded May 15, 2020 remained restricted until May 1, 2023 when they vested and converted into Common Stock per the May 2020 agreement.