Ronald L. Verkleeren - 15 May 2023 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Senior VP & GM, Life Sciences
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
15 May 2023
Net transactions value
-$54,850
Form type
4
Filing time
17 May 2023, 16:15:52 UTC
Previous filing
18 Apr 2023
Next filing
08 Feb 2024
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 +2,934 +8.3% $0.000000 38,364 15 May 2023 Direct
transaction GLW Common Stock Options Exercise $0 +508 +1.3% $0.000000 38,872 15 May 2023 Direct
transaction GLW Common Stock Tax liability $54,850 -1,758 -4.5% $31.20 37,114 15 May 2023 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 -2,934 -100% $0.000000* 0 15 May 2023 Common Stock 2,934 Direct F1, F7
transaction GLW Restricted Stock Unit Options Exercise $0 -508 -100% $0.000000* 0 15 May 2023 Common Stock 508 Direct F1, F7
holding GLW Restricted Stock Unit 14,853 15 May 2023 Common Stock 14,853 Direct F1, F2
holding GLW Restricted Stock Unit 4,321 15 May 2023 Common Stock 4,321 Direct F1, F3
holding GLW Restricted Stock Unit 9,548 15 May 2023 Common Stock 9,548 Direct F1, F4
holding GLW Restricted Stock Unit 14,439 15 May 2023 Common Stock 14,439 Direct F1, F5
holding GLW Restricted Stock Unit 15,021 15 May 2023 Common Stock 15,021 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 (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 15, 2024. 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, 2025. 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, 2026. 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 vested on May 15, 2023 pursuant to the 2020 agreement.