CORNING INC /NY — Director's Dealing 2020

Dec 8, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2020-12-04

Reporting Person: Evenson Jeffrey W (Exec. VP & Chief Strategy Off)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-04	Common Stock	M	550	—	Acquired	39184	Direct
2020-12-04	Common Stock	M	495	—	Acquired	39679	Direct
2020-12-04	Common Stock	F	1045	$37.95	Disposed	38634	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-04	Restricted Stock Unit	$	M	550	Disposed		Common Stock (550)	Direct
2020-12-04	Restricted Stock Unit	$	M	495	Disposed		Common Stock (495)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit	$		Common Stock (23940)	23940	Direct
Restricted Stock Unit	$		Common Stock (22520)	22520	Direct
Restricted Stock Unit	$		Common Stock (2600)	2600	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.

F2: Vesting to satisfy tax requirement pursuant to the April 2018 agreement.

F3: Vesting to satisfy tax requirement pursuant to the April 2019 agreement.

F4: The Restricted Stock Units vest 100% on April 14, 2023. Vested shares will be delivered to the reporting person within thirty (30) days after April 14, 2023. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 14, 2023.

F5: The restricted stock units will vest ratably over three years from grant date. Vested shares will be delivered to the reporting person within sixty (60) days after vesting. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting dates.