DEBORAH RIEMAN - 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, 15:21:41 UTC
Next filing
09 Feb 2023
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 $205,023 +4,797 +17% $42.74 33,331 02 Feb 2022 Common Stock 4,797 Direct F1, F2
holding GLW Restricted Stock Unit 1,805 02 Feb 2022 Common Stock 1,805 Direct F2, F3
* 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 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.