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CORNING INC /NY Director's Dealing 2023

May 17, 2023

29942_dirs_2023-05-17_a7904dd2-a0db-474c-aa28-989e2b556637.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: 2023-05-15

Reporting Person: Musser Eric S (President and COO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-05-15 Common Stock M 12570 Acquired 185961 Direct
2023-05-15 Common Stock M 1257 Acquired 187218 Direct
2023-05-15 Common Stock F 7059 $31.20 Disposed 180159 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-05-15 Performance Share Unit $ M 12570 Disposed Common Stock (12570) Direct
2023-05-15 Restricted Stock Unit $ M 1257 Disposed Common Stock (1257) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Unit $ Common Stock (6347) 6347 Direct
Performance Share Unit $ Common Stock (27184) 27184 Direct
Performance Share Unit $ Common Stock (8335) 8335 Direct
Restricted Stock Unit $ Common Stock (26703) 26703 Direct
Restricted Stock Unit $ Common Stock (37518) 37518 Direct
Restricted Stock Unit $ Common Stock (40773) 40773 Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.

F2: The restricted stock units (RSUs) vest 2/3 after 1 year and 1/3 after 18 months from the grant date.

F3: Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.

F4: Earned performance share units (PSUs) remain restricted until April 15, 2024, when they vest and convert to common stock, subject to service-based vesting requirement.

F5: Earned performance share units (PSUs) remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement.

F6: The restricted stock units (RSUs) vest 100% on April 15, 2024. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.

F7: The restricted stock units (RSUs) vest 100% on April 15, 2025. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.

F8: The restricted stock units (RSUs) vest 100% on April 15, 2026. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.

F9: The performance share units vested on May 15, 2023 pursuant to the 2020 agreement.

F10: The restricted stock units vested on May 15, 2023 pursuant to the 2020 agreement.