CORNING INC /NY — Director's Dealing 2022

Feb 4, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2022-02-02

Reporting Person: WEEKS WENDELL P (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-02	Common Stock	M	4273	—	Acquired	4273	Direct
2022-02-02	Common Stock	M	2218	—	Acquired	6491	Direct
2022-02-02	Common Stock	F	6491	$42.74	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-02	Performance Share Unit	$	A	120537	Acquired		Common Stock (120537)	Direct
2022-02-02	Performance Share Unit	$	A	62568	Acquired		Common Stock (62568)	Direct
2022-02-02	Performance Share Unit	$	M	4273	Disposed		Common Stock (4273)	Direct
2022-02-02	Performance Share Unit	$	M	2218	Disposed		Common Stock (2218)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	627802	Indirect
Common Stock	10502.0657	Indirect
Common Stock	9200	Indirect
Common Stock	6372.1524	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance Share Unit	$		Common Stock (75410)	75410	Direct

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 2, 2022 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2021 pursuant to the 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.

F4: Performance Share Units were earned February 2, 2022 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2021 pursuant to the 2021 agreement. Earned units remain restricted until April 15, 2024, when they vest and convert to GLW common stock, subject to service-based vesting requirement.

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

F6: Vesting to satisfy tax requirement pursuant to the 2021 agreement.

F7: Performance Share Units were earned February 3, 2021 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2020 pursuant to the 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.