John Z. Zhang - 03 Apr 2023 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Sr VP&GM Display &Corning Asia
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
03 Apr 2023
Transactions value $
$0
Form type
4
Filing time
05 Apr 2023, 16:23:03 UTC
Previous filing
17 Feb 2023
Next filing
18 Apr 2023
SEC
View on sec.gov

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 $0 +18.9K $0.00 18.9K 03 Apr 2023 Common Stock 18.9K Direct F1, F8
holding GLW Restricted Stock Unit 14.9K 03 Apr 2023 Common Stock 14.9K Direct F1, F2
holding GLW Restricted Stock Unit 2.16K 03 Apr 2023 Common Stock 2.16K Direct F1, F3
holding GLW Restricted Stock Unit 17.3K 03 Apr 2023 Common Stock 17.3K Direct F1, F4
holding GLW Restricted Stock Unit 9.55K 03 Apr 2023 Common Stock 9.55K Direct F1, F5
holding GLW Restricted Stock Unit 14.4K 03 Apr 2023 Common Stock 14.4K Direct F1, F6
holding GLW Restricted Stock Unit 4.78K 03 Apr 2023 Common Stock 4.78K Direct F1, F7
holding GLW Restricted Stock Unit 690 03 Apr 2023 Common Stock 690 Direct F1, F7
* 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 (RSUs) vest 1/3 after 1 year from grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.
F3 The restricted stock units (RSUs) vest 2/3 after 1 year and 1/3 after 18 months from the grant date.
F4 The restricted stock units (RSUs) vest 100% on April 14, 2023. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
F5 The restricted stock units (RSUs) vest 100% on April 15, 2024. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
F6 The restricted stock units (RSUs) vest 100% on April 15, 2025. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
F7 The restricted stock units will vest on May 15, 2023. Events such as retirement, death, disability, and others specified in the May 2020 agreement may result in vesting prior to the vesting date.
F8 The restricted stock units (RSUs) vest 100% on April 15, 2026. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.