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CORNING INC /NY Director's Dealing 2024

Apr 17, 2024

29942_dirs_2024-04-17_b8035ca9-d7f2-4188-8ea6-d338790ea215.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: 2024-04-15

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-04-15 Common Stock M 8939 Acquired 8939 Direct
2024-04-15 Common Stock M 13167 Acquired 22106 Direct
2024-04-15 Common Stock F 8908 $31.29 Disposed 13198 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-04-15 Restricted Stock Unit $ M 8939 Disposed Common Stock (8939) Direct
2024-04-15 Performance Share Unit $ M 13167 Disposed Common Stock (13167) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock - Jt. Tenant W/wife 25658 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Unit $ Common Stock (9902) 9902 Direct
Restricted Stock Unit $ Common Stock (721) 721 Direct
Performance Share Unit $ Common Stock (6580) 6580 Direct
Performance Share Unit $ Common Stock (3651) 3651 Direct
Restricted Stock Unit $ Common Stock (13618) 13618 Direct
Restricted Stock Unit $ Common Stock (14112) 14112 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) granted on February 8, 2023 will vest 1/3 after 1 year from the 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) granted on February 8, 2023 will 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 PSUs remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement.

F6: Earned PSUs remain restricted until April 15, 2026, 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, 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 (RSUs) vested 100% on April 15, 2024.

F10: The performance share units (PSUs) vested 100% on April 15, 2024.