CORNING INC /NY — Director's Dealing 2021

Feb 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2021-02-03

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-03	Common Stock	M	1121	—	Acquired	155966	Direct
2021-02-03	Common Stock	F	1121	$36.34	Disposed	154845	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-03	Performance Share Unit	$	A	35731	Acquired		Common Stock (35731)	Direct
2021-02-03	Performance Share Unit	$	A	32606	Acquired		Common Stock (32606)	Direct
2021-02-03	Performance Share Unit	$	M	1121	Disposed		Common Stock (1121)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	755.6267	Indirect
Common Stock	5627.5943	Indirect

Footnotes

F1: Each Performance Share Unit represents a contingent right to receive one share of GLW common stock.

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

F3: Performance Share Units were earned February 3, 2021 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2020 pursuant to the May 2020 agreement. Earned units remain restricted until vesting. The earned units will vest ratably over 3 years from the grant date and convert to GLW common stock, subject to service-based vesting requirement.

F4: 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.

F5: Vesting to satisfy tax requirement pursuant to the April 2020 agreement.