CORNING INC /NY — Director's Dealing 2023

Apr 28, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2023-04-27

Reporting Person: Nelson Avery H III (Sr VP & GM, Automotive & Solar)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-27	Common Stock	M	442	—	Acquired	38806	Direct
2023-04-27	Common Stock	M	146	—	Acquired	38952	Direct
2023-04-27	Common Stock	M	438	—	Acquired	39390	Direct
2023-04-27	Common Stock	M	662	—	Acquired	40052	Direct
2023-04-27	Common Stock	F	1688	$32.75	Disposed	38364	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-04-27	Performance Share Unit	$	M	442	Disposed		Common Stock (442)	Direct
2023-04-27	Performance Share Unit	$	M	146	Disposed		Common Stock (146)	Direct
2023-04-27	Restricted Stock Unit	$	M	438	Disposed		Common Stock (438)	Direct
2023-04-27	Restricted Stock Unit	$	M	662	Disposed		Common Stock (662)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3576.2925	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 (18884)	18884	Direct
Restricted Stock Unit	$		Common Stock (4071)	4071	Direct
Restricted Stock Unit	$		Common Stock (588)	588	Direct

Footnotes

F1: Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of March 31, 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, 2026. 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 will vest on May 15, 2023. Events such as retirement, death, disability, and others specified in the May 2020 agreement may result in vesting prior to the vesting date.

F7: Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.

F8: Vesting to satisfy tax requirement pursuant to the 2021 agreement.

F9: Vesting to satisfy tax requirement pursuant to the 2022 agreement.