Avery H. Nelson III - 08 Feb 2024 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Sr VP & GM, Automotive & Solar
Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
08 Feb 2024
Net transactions value
-$89,606
Form type
4
Filing time
12 Feb 2024, 16:13:49 UTC
Previous filing
08 Feb 2024
Next filing
03 Apr 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 +4,951 +12% $0.000000 45,594 08 Feb 2024 Direct
transaction GLW Common Stock Options Exercise $0 +2,880 +6.3% $0.000000 48,474 08 Feb 2024 Direct
transaction GLW Common Stock Tax liability $89,606 -2,824 -5.8% $31.73 45,650 08 Feb 2024 Direct
holding GLW Common Stock 3,670 08 Feb 2024 Trustee u/Employee Benefit Plan F1

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 -4,951 -33% $0.000000 9,902 08 Feb 2024 Common Stock 4,951 Direct F2, F6
transaction GLW Restricted Stock Unit Options Exercise $0 -2,880 -67% $0.000000 1,441 08 Feb 2024 Common Stock 2,880 Direct F2, F7
holding GLW Restricted Stock Unit 9,110 08 Feb 2024 Common Stock 9,110 Direct F2, F3
holding GLW Restricted Stock Unit 13,777 08 Feb 2024 Common Stock 13,777 Direct F2, F4
holding GLW Restricted Stock Unit 17,838 08 Feb 2024 Common Stock 17,838 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of January 31, 2024.
F2 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
F3 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.
F4 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.
F5 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.
F6 The restricted stock units (RSUs) granted on February 8, 2023 will vest 1/3 after 1 year from the grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.
F7 The restricted stock units (RSUs) granted on February 8, 2023 will vest 2/3 after 1 year and 1/3 after 18 months from the grant date.