STEPHANIE BURNS - 31 Mar 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
31 Mar 2022
Transactions value $
$28,679
Form type
4
Filing time
01 Apr 2022, 16:12:33 UTC
Previous filing
17 Feb 2022
Next filing
21 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GLW Common Stock 56,888 31 Mar 2022 Direct
holding GLW Common Stock 107 31 Mar 2022 By Trust

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 $28,679 +777 +5.53% $36.91 14,836 31 Mar 2022 Common Stock 777 Direct F1, F2
holding GLW Restricted Stock Unit 1,817 31 Mar 2022 Common Stock 1,817 Direct F3, F4
holding GLW Restricted Stock Unit 33,331 31 Mar 2022 Common Stock 33,331 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 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 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.