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

Signature
Melissa J. Gambol, Power of Attorney
Issuer symbol
GLW
Transactions as of
08 Aug 2024
Transactions value $
-$77,220
Form type
4
Filing time
12 Aug 2024, 16:10:05 UTC
Previous filing
17 Apr 2024
Next filing
06 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Options Exercise $0 +2,475 +4.2% $0 61,108 08 Aug 2024 Direct
transaction GLW Common Stock Options Exercise $0 +1,441 +2.4% $0 62,549 08 Aug 2024 Direct
transaction GLW Common Stock Tax liability -$77,220 -2,000 -3.2% $38.61 60,549 08 Aug 2024 Direct
holding GLW Common Stock 3,727 08 Aug 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 -2,475 -25% $0 7,427 08 Aug 2024 Common Stock 2,475 Direct F2, F6
transaction GLW Restricted Stock Unit Options Exercise $0 -1,441 -100% $0* 0 08 Aug 2024 Common Stock 1,441 Direct F2, F7
holding GLW Restricted Stock Unit 13,777 08 Aug 2024 Common Stock 13,777 Direct F2, F3
holding GLW Restricted Stock Unit 22,498 08 Aug 2024 Common Stock 22,498 Direct F2, F4
holding GLW Restricted Stock Unit 17,838 08 Aug 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 July 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, 2025. 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, 2027. 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 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 vest 2/3 after 1 year and 1/3 after 18 months from the grant date.