Form 4 for GLW Corning Inc.
Accepted 2022-05-18 00:00:00 ET · period of report 2022-05-16 · accession 0001127602-22-014950 · 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 | 2022-05-18 | 2022-05-16 | GLW | Musser Eric S | Pres, COO | M - OptEx | $0.00 | +13.8K | 110.2K | +14% | $0 |
| D | 2022-05-18 | 2022-05-16 | GLW | Musser Eric S | Pres, COO | F - Tax | $35.20 | -7,059 | 104.4K | -6% | -$248.5K |
| DM | 2022-05-18 | 2022-05-16 | GLW | Musser Eric S | Pres, COO | M - OptEx | $0.00 | -13.8K | 1,257 | -92% | $0 |
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 | 2022-05-16 | M | A | 1,256 | $0.00 | 111,452 | D | — | — | |
| 2 | Common | Common Stock | 2022-05-16 | M | A | 12,570 | $0.00 | 110,196 | D | — | — | |
| 3 | Common | Common Stock | 2022-05-16 | F | D | 7,059 | $35.20 | 104,393 | D | — | — | |
| 4 | Derivative | Performance Share Unit | 2022-05-16 | M | D | 12,570 | $0.00 | 12,570 | D | — · — to — | 12,570 Common Stock | (F1) Each Performance Share Unit represents a contingent right to receive one share of Corning Incorporated Common Stock. (F2) Performance Share Units were earned February 3, 2021 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2020 pursuant to the 2020 agreement. Earned units remain restricted until vesting. The earned units will vest ratably over 3 years from the grant date and convert to GLW common stock, subject to service-based vesting requirement. |
| 5 | Derivative | Restricted Stock Unit | 2022-05-16 | M | D | 1,256 | $0.00 | 1,257 | D | — · — to — | 1,256 Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock. (F4) The restricted stock units will vest ratably over three years from grant date. Vested shares will be delivered to the reporting person within sixty (60) days after vesting. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting dates. |