Cheryl C. Capps - 16 May 2022 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
SVP & Chief Supply Chain Off.
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
16 May 2022
Net transactions value
-$70,717
Form type
4
Filing time
18 May 2022, 16:12:10 UTC
Previous filing
20 Apr 2022
Next filing
19 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Options Exercise $0 +3,902 +3.8% $0.000000 106,821 16 May 2022 Direct
transaction GLW Common Stock Options Exercise $0 +615 +0.58% $0.000000 107,436 16 May 2022 Direct
transaction GLW Common Stock Tax liability $70,717 -2,009 -1.9% $35.20 105,427 16 May 2022 Direct

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 -3,902 -50% $0.000000 3,902 16 May 2022 Common Stock 3,902 Direct F1, F2
transaction GLW Restricted Stock Unit Options Exercise $0 -615 -50% $0.000000 615 16 May 2022 Common Stock 615 Direct F1, F2
holding GLW Restricted Stock Unit 11,120 16 May 2022 Common Stock 11,120 Direct F1, F3
holding GLW Restricted Stock Unit 6,373 16 May 2022 Common Stock 6,373 Direct F1, F4
holding GLW Restricted Stock Unit 9,901 16 May 2022 Common Stock 9,901 Direct F1, F5
* 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 vest 50% on May 15, 2022 and 100% on May 15, 2023. 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 date.
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 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.
F5 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.