CORNING INC /NY — Director's Dealing 2021

Aug 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2021-07-31

Reporting Person: Clappin James P (Retired Vice Chair &Strat. Adv)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-31	Restricted Stock Unit	$	D	2087	Disposed		Common Stock (2087)	Direct
2021-07-31	Restricted Stock Unit	$	D	7246	Disposed		Common Stock (7246)	Direct
2021-07-31	Performance Share Unit	$	D	19267	Disposed		Common Stock (19267)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance Share Unit	$		Common Stock (30867)	30867	Direct
Restricted Stock Unit	$		Common Stock (17460)	17460	Direct
Restricted Stock Unit	$		Common Stock (37662)	37662	Direct

Footnotes

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

F2: Represents the forfeiture of Restricted Stock Units awarded May 15, 2020, per terms of the May 2020 agreement approved by the Compensation Committee.

F3: Restricted Stock Units awarded May 15, 2020 were forfeited on July 31, 2021, per terms of the May 2020 agreement approved by the Compensation Committee.

F4: Represents the forfeiture of Restricted Stock Units awarded April 1, 2021, per terms of the April 2021 agreement approved by the Compensation Committee.

F5: Restricted Stock Units awarded April 1, 2021 were forfeited on July 31, 2021, per terms of the April 2021 agreement approved by the Compensation Committee.

F6: Each Performance Share Unit represents a contingent right to receive one share of GLW common stock.

F7: Represents the forfeiture of Performance Share Units earned February 3, 2021, per terms of the May 15, 2020 agreement approved by the Compensation Committee.

F8: Performance Share Units earned February 3, 2021 were forfeited on July 31, 2021, per the terms of the May 15, 2020 agreement approved by the Compensation Committee.

F9: Performance Share Units were earned February 3, 2021 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2020 pursuant to the April 2020 agreement. Earned units remain restricted until April 14, 2023, when they vest and convert to GLW common stock, subject to service-based vesting requirement.

F10: The Restricted Stock Units vest 100% on April 15, 2022. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2022. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2022.

F11: 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.