Jeffrey W. Evenson - 16 May 2022 Form 4 Insider Report for CORNING INC /NY (GLW)

Role: Exec. VP & Chief Strategy Off
Signature: Linda E. Jolly, Power of Attorney
Issuer symbol: GLW
Transactions as of: 16 May 2022
Transactions value $: -$150,480
Form type: 4
Filing time: 18 May 2022, 16:12:41 UTC
Previous filing: 20 Apr 2022
Next filing: 09 Jan 2023
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	+7,506	+15.2%	$0.000000	56,895	16 May 2022	Direct
transaction	GLW	Common Stock	Options Exercise	$0	+866	+1.52%	$0.000000	57,761	16 May 2022	Direct
transaction	GLW	Common Stock	Tax liability	-$150,480	-4,275	-7.4%	$35.20	53,486	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	-7,506	-50%	$0.000000	7,507	16 May 2022	Common Stock	7,506		Direct	F1, F2
transaction	GLW	Restricted Stock Unit	Options Exercise	$0	-866	-50%	$0.000000	867	16 May 2022	Common Stock	866		Direct	F1, F2
holding	GLW	Restricted Stock Unit						22,870	16 May 2022	Common Stock	22,870		Direct	F1, F3
holding	GLW	Restricted Stock Unit						11,577	16 May 2022	Common Stock	11,577		Direct	F1, F4
holding	GLW	Restricted Stock Unit						17,327	16 May 2022	Common Stock	17,327		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 will vest ratably over three years from 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.
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.