Form 4 for GLW Corning Inc.
Accepted 2022-02-04 00:00:00 ET · period of report 2022-02-02 · accession 0001127602-22-003381 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-02-04 | 2022-02-02 | GLW | WEEKS WENDELL P | COB, CEO, Dir | M - OptEx | — | +6,491 | 4,273 | New | — |
| D | 2022-02-04 | 2022-02-02 | GLW | WEEKS WENDELL P | COB, CEO, Dir | F - Tax | $42.74 | -6,491 | 0 | -100% | -$277.4K |
| DM | 2022-02-04 | 2022-02-02 | GLW | WEEKS WENDELL P | COB, CEO, Dir | A - Grant | $0.00 | +183.1K | 62.6K | New | $0 |
| DM | 2022-02-04 | 2022-02-02 | GLW | WEEKS WENDELL P | COB, CEO, Dir | M - OptEx | — | -6,491 | 236.6K | -3% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-02 | M | A | 2,218 | — | 6,491 | D | — | — | (F1) Each Performance Share Unit represents a contingent right to receive one share of GLW common stock. |
| 2 | Common | Common Stock | 2022-02-02 | M | A | 4,273 | — | 4,273 | D | — | — | (F1) Each Performance Share Unit represents a contingent right to receive one share of GLW common stock. |
| 3 | Common | Common Stock | 2022-02-02 | F | D | 6,491 | $42.74 | 0 | D | — | — | |
| 4 | Derivative | Performance Share Unit | 2022-02-02 | A | A | 120,537 | $0.00 | 240,921 | D | — · — to — | 120,537 Common Stock | (F1) Each Performance Share Unit represents a contingent right to receive one share of GLW common stock. (F3) Performance Share Units were earned February 2, 2022 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2021 pursuant to the 2020 agreement. Earned units remain restricted until April 14, 2023, when they vest and convert to GLW common stock, subject to service-based vesting requirement. |
| 5 | Derivative | Performance Share Unit | 2022-02-02 | M | D | 2,218 | — | 60,350 | D | — · — to — | 2,218 Common Stock | (F1) Each Performance Share Unit represents a contingent right to receive one share of GLW common stock. (F6) Vesting to satisfy tax requirement pursuant to the 2021 agreement. |
| 6 | Derivative | Performance Share Unit | 2022-02-02 | M | D | 4,273 | — | 236,648 | D | — · — to — | 4,273 Common Stock | (F1) Each Performance Share Unit represents a contingent right to receive one share of GLW common stock. (F5) Vesting to satisfy tax requirement pursuant to the 2020 agreement. |
| 7 | Derivative | Performance Share Unit | 2022-02-02 | A | A | 62,568 | $0.00 | 62,568 | D | — · — to — | 62,568 Common Stock | (F1) Each Performance Share Unit represents a contingent right to receive one share of GLW common stock. (F4) Performance Share Units were earned February 2, 2022 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2021 pursuant to the 2021 agreement. Earned units remain restricted until April 15, 2024, when they vest and convert to GLW common stock, subject to service-based vesting requirement. |