CORNING INC /NY — Director's Dealing 2021

Apr 19, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2021-04-15

Reporting Person: McRae Lawrence D (Vice Chairman & Corp. Dev. Off)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-15	Common Stock	M	21117	—	Acquired	175962	Direct
2021-04-15	Common Stock	F	9845	$45.90	Disposed	166117	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-15	Restricted Stock Unit	$	M	21117	Disposed		Common Stock (21117)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	755.6267	Indirect
Common Stock	5627.5943	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit	$		Common Stock (17816)	17816	Direct
Restricted Stock Unit	$		Common Stock (38423)	38423	Direct
Restricted Stock Unit	$		Common Stock (17731)	17731	Direct
Restricted Stock Unit	$		Common Stock (3640)	3640	Direct

Footnotes

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

F2: The Reporting Person disclaims beneficial ownership of all securities held by spouse.

F3: Earned Restricted Stock Units awarded April 2, 2018 remained restricted until April 15, 2021, when they vested and converted into GLW common stock per terms of April 2018 Agreement approved by Compensation Committee.

F4: 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.

F5: 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.

F6: The Restricted Stock Units vest 100% on April 15, 2024. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2024. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2024.

F7: 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.