Avery H. Nelson III - 02 Jan 2025 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
SVP&GM Auto., Life Sc. & Solar
Signature
Melissa J. Gambol, Power of Attorney
Issuer symbol
GLW
Transactions as of
02 Jan 2025
Transactions value $
-$49,326
Form type
4
Filing time
06 Jan 2025, 16:15:15 UTC
Previous filing
12 Aug 2024
Next filing
06 Feb 2025
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 +1.06K +1.74% $0.00 61.6K 02 Jan 2025 Direct
transaction GLW Common Stock Tax liability -$49.3K -1.06K -1.71% $46.71 60.5K 02 Jan 2025 Direct
holding GLW Common Stock 3.77K 02 Jan 2025 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 -1.06K -4.69% $0.00 21.4K 02 Jan 2025 Common Stock 1.06K Direct F2, F6
holding GLW Restricted Stock Unit 7.43K 02 Jan 2025 Common Stock 7.43K Direct F2, F3
holding GLW Restricted Stock Unit 13.8K 02 Jan 2025 Common Stock 13.8K Direct F2, F4
holding GLW Restricted Stock Unit 17.8K 02 Jan 2025 Common Stock 17.8K 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 December 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) 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.
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) 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.