CORNING INC /NY — Director's Dealing 2021

Jan 11, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2021-01-07

Reporting Person: Morse David L (Exec. VP & Chief Tech. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-07	Common Stock	M	1535	—	Acquired	56835	Direct
2021-01-07	Common Stock	F	1535	$36.98	Disposed	55300	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-07	Restricted Stock Unit	$	M	1535	Disposed		Common Stock (1535)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	500	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit	$		Common Stock (19777)	19777	Direct
Restricted Stock Unit	$		Common Stock (16749)	16749	Direct
Restricted Stock Unit	$		Common Stock (52)	52	Indirect
Restricted Stock Unit	$		Common Stock (3185)	3185	Direct
Restricted Stock Unit	$		Common Stock (15)	15	Indirect

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

F4: The Restricted Stock Units vest 100% on April 15, 2021. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2021. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2021.

F5: 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.

F6: The restricted stock units will vest ratably over three years from grant date. Vested shares will be delivered to the spouse of 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.

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.