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CORNING INC /NY Director's Dealing 2024

Aug 12, 2024

29942_dirs_2024-08-12_b32e2723-0703-4e67-8684-9d3b45fa60d9.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: 2024-08-08

Reporting Person: WEEKS WENDELL P (Director, Chairman and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-08-08 Common Stock M 5733 Acquired 960530 Direct
2024-08-08 Common Stock M 3598 Acquired 964128 Direct
2024-08-08 Common Stock F 4764 $38.61 Disposed 959364 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-08-08 Performance Share Unit $ M 5733 Disposed Common Stock (5733) Direct
2024-08-08 Restricted Stock Unit $ M 3598 Disposed Common Stock (3598) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 9200 Indirect
Common Stock 6912.0099 Indirect
Common Stock 11393.4765 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Performance Share Unit $ Common Stock (47567) 47567 Direct
Performance Share Unit $ Common Stock (26393) 26393 Direct
Restricted Stock Unit $ Common Stock (100463) 100463 Direct
Restricted Stock Unit $ Common Stock (116162) 116162 Direct
Restricted Stock Unit $ Common Stock (104474) 104474 Direct

Footnotes

F1: The reporting person disclaims beneficial ownership of all securities held by spouse.

F2: Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of July 31, 2024.

F3: Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.

F4: Earned PSUs remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement.

F5: Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.

F6: Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.

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, 2027. 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 performance share units (PSUs) earned February 7, 2024 will vest 1/3 after 1 year from the February 8, 2023 grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.

F11: The restricted stock units (RSUs) granted on February 8, 2023 vest 2/3 after 1 year and 1/3 after 18 months from the grant date.