Soumya Seetharam - Feb 10, 2025 Form 4 Insider Report for CORNING INC /NY (GLW)

Signature
Melissa J. Gambol, Power of Attorney
Stock symbol
GLW
Transactions as of
Feb 10, 2025
Transactions value $
-$29,231
Form type
4
Date filed
2/12/2025, 04:20 PM
Previous filing
Feb 6, 2025
Next filing
Apr 3, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Options Exercise $0 +2.26K +5.12% $0.00 46.4K Feb 10, 2025 Direct
transaction GLW Common Stock Tax liability -$29.2K -551 -1.19% $53.05 45.8K Feb 10, 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 -2.26K -33.33% $0.00 4.52K Feb 10, 2025 Common Stock 2.26K Direct F1, F4
holding GLW Restricted Stock Unit 13.7K Feb 10, 2025 Common Stock 13.7K Direct F1, F2
holding GLW Restricted Stock Unit 14.7K Feb 10, 2025 Common Stock 14.7K 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, 2026. 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) 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.