Cheryl C. Capps - May 15, 2023 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
SVP & Chief Supply Chain Off.
Signature
Linda E. Jolly, Power of Attorney
Stock symbol
GLW
Transactions as of
May 15, 2023
Transactions value $
-$62,681
Form type
4
Date filed
5/17/2023, 04:06 PM
Previous filing
May 2, 2023
Next filing
May 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Options Exercise $0 +3.9K +3.9% $0.00 104K May 15, 2023 Direct
transaction GLW Common Stock Options Exercise $0 +615 +0.59% $0.00 105K May 15, 2023 Direct
transaction GLW Common Stock Tax liability -$62.7K -2.01K -1.92% $31.20 103K May 15, 2023 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 -3.9K -100% $0.00* 0 May 15, 2023 Common Stock 3.9K Direct F1, F7
transaction GLW Restricted Stock Unit Options Exercise $0 -615 -100% $0.00* 0 May 15, 2023 Common Stock 615 Direct F1, F7
holding GLW Restricted Stock Unit 11K May 15, 2023 Common Stock 11K Direct F1, F2
holding GLW Restricted Stock Unit 1K May 15, 2023 Common Stock 1K Direct F1, F3
holding GLW Restricted Stock Unit 6.37K May 15, 2023 Common Stock 6.37K Direct F1, F4
holding GLW Restricted Stock Unit 9.3K May 15, 2023 Common Stock 9.3K Direct F1, F5
holding GLW Restricted Stock Unit 11.6K May 15, 2023 Common Stock 11.6K Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
F2 The restricted stock units (RSUs) vest 1/3 after 1 year from grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.
F3 The restricted stock units (RSUs) vest 2/3 after 1 year and 1/3 after 18 months from the grant date.
F4 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.
F5 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.
F6 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.
F7 The restricted stock units vested on May 15, 2023 pursuant to the 2020 agreement.