CORNING INC /NY — Director's Dealing 2023

Apr 18, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2023-04-14

Reporting Person: Bayne John P JR (SVP &GM, Mobile Consumer Elec.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-14	Common Stock	M	34624	—	Acquired	34624	Direct
2023-04-14	Common Stock	M	12885	—	Acquired	47509	Direct
2023-04-14	Common Stock	M	2669	—	Acquired	50178	Direct
2023-04-14	Common Stock	F	23259	$34.78	Disposed	26919	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-04-14	Performance Share Unit	$	M	34624	Disposed		Common Stock (34624)	Direct
2023-04-14	Restricted Stock Unit	$	M	12885	Disposed		Common Stock (12885)	Direct
2023-04-14	Restricted Stock Unit	$	M	2669	Disposed		Common Stock (2669)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock - Jt. Tenant W/wife	7345	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit	$		Common Stock (14853)	14853	Direct
Restricted Stock Unit	$		Common Stock (2161)	2161	Direct
Performance Share Unit	$		Common Stock (9281)	9281	Direct
Performance Share Unit	$		Common Stock (3071)	3071	Direct
Restricted Stock Unit	$		Common Stock (8939)	8939	Direct
Restricted Stock Unit	$		Common Stock (13618)	13618	Direct
Restricted Stock Unit	$		Common Stock (15021)	15021	Direct
Restricted Stock Unit	$		Common Stock (4275)	4275	Direct
Restricted Stock Unit	$		Common Stock (617)	617	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 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.

F3: The restricted stock units (RSUs) vest 2/3 after 1 year and 1/3 after 18 months from the grant date.

F4: Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.

F5: 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.

F6: 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.

F7: 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.

F8: 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.

F9: 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.

F10: 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.

F11: The performance share units vested 100% on April 14, 2023.

F12: The restricted stock units vested 100% on April 14, 2023.