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: Amin Jaymin (SVP and Chief Tech. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-14	Common Stock	M	19394	—	Acquired	98070	Direct
2023-04-14	Common Stock	M	8707	—	Acquired	106777	Direct
2023-04-14	Common Stock	F	11795	$34.78	Disposed	94982	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-04-14	Performance Share Unit	$	M	19394	Disposed		Common Stock (19394)	Direct
2023-04-14	Restricted Stock Unit	$	M	8707	Disposed		Common Stock (8707)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2418.5432	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit	$		Common Stock (15843)	15843	Direct
Restricted Stock Unit	$		Common Stock (3241)	3241	Direct
Performance Share Unit	$		Common Stock (4476)	4476	Direct
Performance Share Unit	$		Common Stock (3068)	3068	Direct
Restricted Stock Unit	$		Common Stock (4439)	4439	Direct
Restricted Stock Unit	$		Common Stock (6367)	6367	Direct
Restricted Stock Unit	$		Common Stock (7552)	7552	Direct
Restricted Stock Unit	$		Common Stock (16309)	16309	Direct
Restricted Stock Unit	$		Common Stock (2979)	2979	Direct
Restricted Stock Unit	$		Common Stock (517)	517	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: Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.

F6: 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.

F7: 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.

F8: 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.

F9: 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.

F10: 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.

F11: 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.

F12: The performance share units vested 100% on April 14, 2023.

F13: The restricted stock units vested 100% on April 14, 2023.