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CORNING INC /NY Director's Dealing 2023

Apr 18, 2023

29942_dirs_2023-04-18_6b3a66f9-c151-46da-bf98-da439418ff5b.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: 2023-04-14

Reporting Person: Schlesinger Edward A (Exec. Vice President and CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-04-14 Common Stock M 20081 Acquired 71447 Direct
2023-04-14 Common Stock M 8987 Acquired 80434 Direct
2023-04-14 Common Stock F 12409 $34.78 Disposed 68025 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-04-14 Performance Share Unit $ M 20081 Disposed Common Stock (20081) Direct
2023-04-14 Restricted Stock Unit $ M 8987 Disposed Common Stock (8987) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Unit $ Common Stock (2775) 2775 Direct
Performance Share Unit $ Common Stock (5917) 5917 Direct
Performance Share Unit $ Common Stock (3510) 3510 Direct
Restricted Stock Unit $ Common Stock (5856) 5856 Direct
Restricted Stock Unit $ Common Stock (15614) 15614 Direct
Restricted Stock Unit $ Common Stock (20172) 20172 Direct
Restricted Stock Unit $ Common Stock (3779) 3779 Direct
Restricted Stock Unit $ Common Stock (595) 595 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 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.

F10: The performance share units vested 100% on April 14, 2023.

F11: The restricted stock units vested 100% on April 14, 2023.