Kevin J. Martin - 30 Jun 2021 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Director
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
30 Jun 2021
Transactions value $
$32,516
Form type
4
Filing time
02 Jul 2021, 16:09:25 UTC
Next filing
01 Oct 2021
SEC
View on sec.gov

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 Award $32.5K +795 +17.43% $40.90 5.36K 30 Jun 2021 Common Stock 795 Direct F1, F2
holding GLW Restricted Stock Unit 28.5K 30 Jun 2021 Common Stock 28.5K Direct F3, F4
holding GLW Restricted Stock Unit 1.54K 30 Jun 2021 Common Stock 1.54K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units granted under the Non-Employee Directors' Deferred Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F2 Conversion of restricted stock units to the Company's common stock and distribution of such stock under the Non-Employee Directors' Deferred Compensation Plan is deferred until a specific date as elected by the participant or termination of service as a Corning director.
F3 Represents annual equity retainer in the form of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
F4 Conversion of restricted stock units to the Company's common stock and distribution of such stock is deferred until a specific date as elected by the participant or termination of service as a Corning director.
F5 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.