Martin J. Curran - 15 Apr 2024 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
17 Apr 2024, 15:42:01 UTC
Prior SEC filing
03 Apr 2024
Next SEC filing
07 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Linda E. Jolly, Power of Attorney
Filing notes and source

Key filing fact

Martin J. Curran filed Form 4 for CORNING INC /NY (GLW) on 17 Apr 2024.

Key facts

  • This page summarizes Martin J. Curran's Form 4 filing for CORNING INC /NY (GLW).
  • 5 reported transactions and 9 derivative rows are listed below.
  • Accepted by SEC: 17 Apr 2024, 15:42.

Change

  • Previous filing in this sequence was filed on 03 Apr 2024.
  • Current net transaction value: -$463,155.

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
$0
Shares
+12,892
Change %
+286%
Price
$0.000000
Shares after
17,407
Date
15 Apr 2024
Ownership
Direct
GLW transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+18,811
Change %
+108%
Price
$0.000000
Shares after
36,218
Date
15 Apr 2024
Ownership
Direct
GLW transaction

Common Stock

Tax liability

Transaction value
$463,155
Shares
-14,802
Change %
-41%
Price
$31.29
Shares after
21,416
Date
15 Apr 2024
Ownership
Direct
GLW holding

Common Stock - Jt. Tenant W/wife

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
65,598
Date
15 Apr 2024
Ownership
By Trust

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
-12,892
Change %
-100%
Price
$0.000000*
Shares after
0
Date
15 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,892
Exercise price
Footnotes
F1, F10
GLW transaction Derivative

Performance Share Unit

Options Exercise

Transaction value
$0
Shares
-18,811
Change %
-100%
Price
$0.000000*
Shares after
0
Date
15 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
18,811
Exercise price
Footnotes
F4, F11
GLW holding Derivative

Restricted Stock Unit

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
12,858
Date
15 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,858
Exercise price
Footnotes
F1, F2
GLW holding Derivative

Restricted Stock Unit

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,754
Date
15 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,754
Exercise price
Footnotes
F1, F3
GLW holding Derivative

Performance Share Unit

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
7,802
Date
15 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,802
Exercise price
Footnotes
F4, F5
GLW holding Derivative

Performance Share Unit

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,328
Date
15 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,328
Exercise price
Footnotes
F4, F6
GLW holding Derivative

Restricted Stock Unit

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
16,216
Date
15 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
16,216
Exercise price
Footnotes
F1, F7
GLW holding Derivative

Restricted Stock Unit

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
19,054
Date
15 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
19,054
Exercise price
Footnotes
F1, F8
GLW holding Derivative

Restricted Stock Unit

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
16,817
Date
15 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
16,817
Exercise price
Footnotes
F1, F9
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 11 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) granted on February 8, 2023 will 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.

Footnote F3

The restricted stock units (RSUs) granted on February 8, 2023 will vest 2/3 after 1 year and 1/3 after 18 months from the grant date.

Footnote F4

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

Footnote F5

Earned PSUs remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement.

Footnote F6

Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.

Footnote F7

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 F8

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.

Footnote F9

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.

Footnote F10

The restricted stock units (RSUs) vested 100% on April 15, 2024.

Footnote F11

The performance share units (PSUs) vested 100% on April 15, 2024.

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