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CORNING INC /NY Director's Dealing 2021

Jan 5, 2021

29942_dirs_2021-01-05_46583352-e39a-4146-b1b4-6154b8a7e5ac.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: 2020-12-31

Reporting Person: BURNS STEPHANIE (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-12-31 Restricted Stock Unit $ A 478 Acquired Common Stock (478) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Unit $ Common Stock (23168) 23168 Direct
Restricted Stock Unit $ Common Stock (1817) 1817 Direct

Footnotes

F1: Represents restricted stock units granted under the Non-Employee Directors' Deferred Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.

F2: Conversion of restricted stock units to the Company's common stock and distribution of such stock under the Non-Employee Directors' Deferred Compensation Plan is deferred until a specific date as elected by the participant or termination of service as a Corning director.

F3: Represents annual equity retainer in the form of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.

F4: Conversion of restricted stock units to the Company's common stock and distribution of such stock is deferred until a specific date as elected by the participant or termination of service as a Corning director.

F5: Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.

F6: As part of a series of actions to preserve cash, the reporting person received restricted stock units in lieu of 40% of cash fees payable for service on the board of directors and any committees thereof for the period of June 1, 2020 through December 31 2020.