Stefan Becker - 10 Feb 2025 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
10 Feb 2025
Net transactions value
-$40,371
Form type
4
Filing time
12 Feb 2025, 16:15:36 UTC
Previous filing
06 Feb 2025
Next filing
03 Apr 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 +2,109 +13% $0.000000 17,883 10 Feb 2025 Direct
transaction GLW Common Stock Tax liability $40,371 -761 -4.3% $53.05 17,122 10 Feb 2025 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 -33% $0.000000 4,220 10 Feb 2025 Common Stock 2,109 Direct F1, F5
holding GLW Restricted Stock Unit 13,201 10 Feb 2025 Common Stock 13,201 Direct F1, F2
holding GLW Restricted Stock Unit 13,734 10 Feb 2025 Common Stock 13,734 Direct F1, F3
holding GLW Restricted Stock Unit 14,692 10 Feb 2025 Common Stock 14,692 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, 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) 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) 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.