Michael Alan Bell - 18 Apr 2022 Form 4 Insider Report for CORNING INC /NY (GLW)

Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
18 Apr 2022
Net transactions value
-$82,643
Form type
4
Filing time
20 Apr 2022, 16:12:32 UTC
Previous filing
05 Apr 2022
Next filing
21 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Options Exercise $0 +5,795 $0.000000 5,795 18 Apr 2022 Direct
transaction GLW Common Stock Tax liability $82,643 -2,440 -42% $33.87 3,355 18 Apr 2022 Direct
holding GLW Common Stock 672 18 Apr 2022 Trustee u/Employee Benefit Plan

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 -5,795 -100% $0.000000* 0 18 Apr 2022 Common Stock 5,795 Direct F1, F2
holding GLW Restricted Stock Unit 12,681 18 Apr 2022 Common Stock 12,681 Direct F1, F3
holding GLW Restricted Stock Unit 2,676 18 Apr 2022 Common Stock 2,676 Direct F1, F3
holding GLW Restricted Stock Unit 1,233 18 Apr 2022 Common Stock 1,233 Direct F1, F4
holding GLW Restricted Stock Unit 8,550 18 Apr 2022 Common Stock 8,550 Direct F1, F4
holding GLW Restricted Stock Unit 9,014 18 Apr 2022 Common Stock 9,014 Direct F1, F5
holding GLW Restricted Stock Unit 14,439 18 Apr 2022 Common Stock 14,439 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 vested 100% on April 18, 2022.
F3 The Restricted Stock Units vest 100% on April 14, 2023. Vested shares will be delivered to the reporting person within thirty (30) days after April 14, 2023. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 14, 2023.
F4 The restricted stock units will vest ratably over three years from the May 15, 2020 grant date. Vested shares will be delivered to the reporting person within sixty (60) days after vesting. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting dates.
F5 The Restricted Stock Units vest 100% on April 15, 2024. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2024. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2024.
F6 The Restricted Stock Units vest 100% on April 15, 2025. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2025. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2025.