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CORNING INC /NY Director's Dealing 2021

Feb 5, 2021

29942_dirs_2021-02-05_5e85d5e5-eca8-473a-ac9b-9f2381150cef.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Bayne John P JR (SVP &GM, Mobile Consumer Elec.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-02-03 Common Stock M 451 Acquired 653 Direct
2021-02-03 Common Stock F 451 $36.34 Disposed 202 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-02-03 Performance Share Unit $ A 13121 Acquired Common Stock (13121) Direct
2021-02-03 Performance Share Unit $ M 451 Disposed Common Stock (451) Direct

Footnotes

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

F2: 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.

F3: Vesting to satisfy tax requirement pursuant to the April 2020 agreement.