Stefan Becker - 08 Aug 2024 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
SVP, Finance & Controller
Signature
Melissa J. Gambol, Power of Attorney
Issuer symbol
GLW
Transactions as of
08 Aug 2024
Net transactions value
-$64,672
Form type
4
Filing time
12 Aug 2024, 16:06:19 UTC
Previous filing
17 Apr 2024
Next filing
11 Dec 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 +2,109 +4.9% $0.000000 45,080 08 Aug 2024 Direct
transaction GLW Common Stock Options Exercise $0 +1,315 +2.9% $0.000000 46,395 08 Aug 2024 Direct
transaction GLW Common Stock Tax liability $64,672 -1,675 -3.6% $38.61 44,720 08 Aug 2024 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 -2,109 -25% $0.000000 6,329 08 Aug 2024 Common Stock 2,109 Direct F1, F5
transaction GLW Restricted Stock Unit Options Exercise $0 -1,315 -100% $0.000000* 0 08 Aug 2024 Common Stock 1,315 Direct F1, F6
holding GLW Restricted Stock Unit 13,201 08 Aug 2024 Common Stock 13,201 Direct F1, F2
holding GLW Restricted Stock Unit 14,692 08 Aug 2024 Common Stock 14,692 Direct F1, F3
holding GLW Restricted Stock Unit 13,734 08 Aug 2024 Common Stock 13,734 Direct F1, F4
* 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 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.
F3 The restricted stock units (RSUs) vest 100% on April 15, 2027. 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, 2026. 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) granted on February 8, 2023 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.
F6 The restricted stock units (RSUs) granted on February 8, 2023 vest 2/3 after 1 year and 1/3 after 18 months from the grant date.