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CORNING INC /NY Director's Dealing 2023

May 17, 2023

29942_dirs_2023-05-17_7dc32dcf-ff84-4236-96e2-63a62fab1367.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: Bell Michael Alan (Senior VP & GM, Optical Comm.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-05-15 Common Stock M 4275 Acquired 34804 Direct
2023-05-15 Common Stock M 617 Acquired 35421 Direct
2023-05-15 Common Stock F 2175 $31.20 Disposed 33246 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-05-15 Restricted Stock Unit $ M 4275 Disposed Common Stock (4275) Direct
2023-05-15 Restricted Stock Unit $ M 617 Disposed Common Stock (617) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 694.7191 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Unit $ Common Stock (14853) 14853 Direct
Restricted Stock Unit $ Common Stock (4321) 4321 Direct
Restricted Stock Unit $ Common Stock (9014) 9014 Direct
Restricted Stock Unit $ Common Stock (13700) 13700 Direct
Restricted Stock Unit $ Common Stock (15021) 15021 Direct

Footnotes

F1: Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of April 28, 2023.

F2: Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.

F3: The restricted stock units (RSUs) vest 1/3 after 1 year from grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.

F4: The restricted stock units (RSUs) vest 2/3 after 1 year and 1/3 after 18 months from the grant date.

F5: 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.

F6: 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.

F7: 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.

F8: The restricted stock units vested on May 15, 2023 pursuant to the 2020 agreement.