Jeffrey W. Evenson - 08 Aug 2024 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Exec. VP & Chief Strategy Off
Signature
Melissa J. Gambol, Power of Attorney
Issuer symbol
GLW
Transactions as of
08 Aug 2024
Transactions value $
-$100,039
Form type
4
Filing time
12 Aug 2024, 16:07:45 UTC
Previous filing
02 Aug 2024
Next filing
21 Aug 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 +3,283 $0 3,283 08 Aug 2024 Direct
transaction GLW Common Stock Options Exercise $0 +1,791 +55% $0 5,074 08 Aug 2024 Direct
transaction GLW Common Stock Tax liability -$100,038 -2,591 -51% $38.61 2,483 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 -3,283 -25% $0 9,851 08 Aug 2024 Common Stock 3,283 Direct F1, F4
transaction GLW Restricted Stock Unit Options Exercise $0 -1,791 -100% $0* 0 08 Aug 2024 Common Stock 1,791 Direct F1, F5
holding GLW Restricted Stock Unit 16,415 08 Aug 2024 Common Stock 16,415 Direct F1, F2
holding GLW Restricted Stock Unit 17,025 08 Aug 2024 Common Stock 17,025 Direct F1, F3
* 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, 2026. 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) 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.
F5 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.