WENDELL P. WEEKS - 03 Apr 2023 Form 4 Insider Report for CORNING INC /NY (GLW)

Signature
Linda E. Jolly, Power of Attorney
Issuer symbol
GLW
Transactions as of
03 Apr 2023
Net transactions value
$0
Form type
4
Filing time
05 Apr 2023, 16:21:34 UTC
Previous filing
17 Feb 2023
Next filing
18 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GLW Common Stock 683,101 03 Apr 2023 Direct
holding GLW Common Stock 9,200 03 Apr 2023 Held by Spouse F1
holding GLW Common Stock 6,633 03 Apr 2023 Held By Spouse - Emp. Ben. Plan F1, F2
holding GLW Common Stock 10,932 03 Apr 2023 Trustee U/employee Benefit Plan F2

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 Award $0 +108,584 $0.000000 108,584 03 Apr 2023 Common Stock 108,584 Direct F3, F9
holding GLW Restricted Stock Unit 10,792 03 Apr 2023 Common Stock 10,792 Direct F3, F4
holding GLW Restricted Stock Unit 147,612 03 Apr 2023 Common Stock 147,612 Direct F3, F5
holding GLW Restricted Stock Unit 76,375 03 Apr 2023 Common Stock 76,375 Direct F3, F6
holding GLW Restricted Stock Unit 100,463 03 Apr 2023 Common Stock 100,463 Direct F3, F7
holding GLW Restricted Stock Unit 2,902 03 Apr 2023 Common Stock 2,902 Direct F3, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership of all securities held by spouse.
F2 Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of March 31, 2023.
F3 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
F4 The restricted stock units (RSUs) vest 2/3 after 1 year and 1/3 after 18 months from the grant date.
F5 The restricted stock units (RSUs) vest 100% on April 14, 2023. 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, 2024. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
F7 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.
F8 The restricted stock units will vest on May 15, 2023. Events such as retirement, death, disability, and others specified in the May 2020 agreement may result in vesting prior to the vesting date.
F9 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.