Kevin J. Martin - 02 Feb 2022 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Director
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
02 Feb 2022
Transactions value $
$205,024
Form type
4
Filing time
03 Feb 2022, 15:20:47 UTC
Previous filing
04 Jan 2022
Next filing
01 Apr 2022

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 $205K +4.8K +16.81% $42.74 33.3K 02 Feb 2022 Common Stock 4.8K Direct F1, F2
holding GLW Restricted Stock Unit 7.12K 02 Feb 2022 Common Stock 7.12K Direct F3, F4
holding GLW Restricted Stock Unit 1.54K 02 Feb 2022 Common Stock 1.54K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 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.
F4 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.
F5 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.