Kevin J. Martin - 30 Dec 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
30 Dec 2022
Net transactions value
+$32,515
Form type
4
Filing time
03 Jan 2023, 15:12:53 UTC
Previous filing
04 Oct 2022
Next filing
09 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GLW Common Stock 31,506 30 Dec 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 Award $32,515 +1,018 +10% $31.94 11,170 30 Dec 2022 Common Stock 1,018 Direct F1, F2
holding GLW Restricted Stock Unit 33,331 30 Dec 2022 Common Stock 33,331 Direct F3, F4
holding GLW Restricted Stock Unit 1,544 30 Dec 2022 Common Stock 1,544 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 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.
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 Each Restricted Stock Unit represents a contingent right to receive one share of Corning Incorporated Common Stock.