CORNING INC /NY — Director's Dealing 2021

Jan 14, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2021-01-12

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-12	Common Stock	M	255	—	Acquired	457	Direct
2021-01-12	Common Stock	M	216	—	Acquired	673	Direct
2021-01-12	Common Stock	M	459	—	Acquired	1132	Direct
2021-01-12	Common Stock	M	96	—	Acquired	1228	Direct
2021-01-12	Common Stock	F	1026	$37.46	Disposed	202	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-12	Restricted Stock Unit	$	M	255	Disposed		Common Stock (255)	Direct
2021-01-12	Restricted Stock Unit	$	M	216	Disposed		Common Stock (216)	Direct
2021-01-12	Restricted Stock Unit	$	M	459	Disposed		Common Stock (459)	Direct
2021-01-12	Restricted Stock Unit	$	M	96	Disposed		Common Stock (96)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit	$		Common Stock (12825)	12825	Direct
Restricted Stock Unit	$		Common Stock (1850)	1850	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: Vesting to satisfy tax requirement pursuant to the April 2020 agreement.

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

F6: The restricted stock units will vest ratably over three years from the May 15, 2020 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.