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CORNING INC /NY Director's Dealing 2024

Feb 8, 2024

29942_dirs_2024-02-08_0e00fe21-87b8-4ac2-8819-f833614ff24c.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: 2024-02-07

Reporting Person: Nelson Avery H III (Sr VP & GM, Automotive & Solar)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-02-07 Common Stock M 169 Acquired 40812 Direct
2024-02-07 Common Stock M 129 Acquired 40941 Direct
2024-02-07 Common Stock M 143 Acquired 41084 Direct
2024-02-07 Common Stock F 441 $31.79 Disposed 40643 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-02-07 Performance Share Unit $ A 4759 Acquired Common Stock (4759) Direct
2024-02-07 Performance Share Unit $ A 3638 Acquired Common Stock (3638) Direct
2024-02-07 Performance Share Unit $ A 4029 Acquired Common Stock (4029) Direct
2024-02-07 Performance Share Unit $ M 169 Disposed Common Stock (169) Direct
2024-02-07 Performance Share Unit $ M 129 Disposed Common Stock (129) Direct
2024-02-07 Performance Share Unit $ M 143 Disposed Common Stock (143) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3670.0688 Indirect

Footnotes

F1: Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.

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

F3: Performance share units (PSUs) were earned February 7, 2024 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2023 pursuant to the 2023 agreement. Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.

F4: Performance share units (PSUs) were earned February 7, 2024 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2023 pursuant to the 2022 agreement. Earned PSUs remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement.

F5: Performance share units (PSUs) were earned February 7, 2024 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2023 pursuant to the 2021 agreement. Earned PSUs remain restricted until April 15, 2024, when they vest and convert to common stock, subject to service-based vesting requirement.

F6: Vesting to satisfy tax requirement pursuant to the 2023 agreement.

F7: Vesting to satisfy tax requirement pursuant to the 2022 agreement.

F8: Vesting to satisfy tax requirement pursuant to the 2021 agreement.