Form 4 for GLW Corning Inc.
Accepted 2024-02-08 00:00:00 ET · period of report 2024-02-07 · accession 0001127602-24-004002 · 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 | 2024-02-08 | 2024-02-07 | GLW | McRae Lawrence D | Retired Vice COB | M - OptEx | $0.00 | +3,675 | 213.7K | +2% | $0 |
| DM | 2024-02-08 | 2024-02-07 | GLW | McRae Lawrence D | Retired Vice COB | F - Tax | $31.79 | -1,746 | 213.3K | -0.8% | -$55.5K |
| DM | 2024-02-08 | 2024-02-07 | GLW | McRae Lawrence D | Retired Vice COB | M - OptEx | $0.00 | -3,675 | 0 | -100% | $0 |
| DM | 2024-02-08 | 2024-02-07 | GLW | McRae Lawrence D | Retired Vice COB | A - Grant | $0.00 | +21.5K | 9,968 | New | $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 | 2024-02-07 | M | A | 266 | $0.00 | 213,983 | D | — | — | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. |
| 2 | Common | Common Stock | 2024-02-07 | F | D | 1,088 | $31.79 | 215,254 | D | — | — | (F2) Includes 7,800 shares previously held indirectly in a unitized stock fund through the issuer's 401(k) plan. |
| 3 | Common | Common Stock | 2024-02-07 | M | A | 3,017 | $0.00 | 216,342 | D | — | — | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. |
| 4 | Common | Common Stock | 2024-02-07 | M | A | 200 | $0.00 | 213,525 | D | — | — | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. |
| 5 | Common | Common Stock | 2024-02-07 | M | A | 192 | $0.00 | 213,717 | D | — | — | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. |
| 6 | Common | Common Stock | 2024-02-07 | F | D | 658 | $31.79 | 213,325 | D | — | — | |
| 7 | Derivative | Performance Share Unit | 2024-02-07 | M | D | 192 | $0.00 | 9,776 | D | — · — to — | 192 Common Stock | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. (F10) Vesting to satisfy tax requirement pursuant to the 2022 agreement. |
| 8 | Derivative | Performance Share Unit | 2024-02-07 | M | D | 266 | $0.00 | 24,454 | D | — · — to — | 266 Common Stock | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. (F11) Vesting to satisfy tax requirement pursuant to the 2021 agreement. |
| 9 | Derivative | Performance Share Unit | 2024-02-07 | A | A | 7,481 | $0.00 | 24,720 | D | — · — to — | 7,481 Common Stock | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. (F8) 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. |
| 10 | Derivative | Performance Share Unit | 2024-02-07 | A | A | 5,624 | $0.00 | 5,624 | D | — · — to — | 5,624 Common Stock | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. (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 2023 agreement. Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement. |
| 11 | Derivative | Performance Share Unit | 2024-02-07 | A | A | 3,017 | $0.00 | 3,017 | D | — · — to — | 3,017 Common Stock | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. (F6) 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. |
| 12 | Derivative | Performance Share Unit | 2024-02-07 | A | A | 5,406 | $0.00 | 9,968 | D | — · — to — | 5,406 Common Stock | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. (F7) 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. |
| 13 | Derivative | Performance Share Unit | 2024-02-07 | M | D | 200 | $0.00 | 5,424 | D | — · — to — | 200 Common Stock | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. (F9) Vesting to satisfy tax requirement pursuant to the 2023 agreement. |
| 14 | Derivative | Performance Share Unit | 2024-02-07 | M | D | 3,017 | $0.00 | 0 | D | — · — to — | 3,017 Common Stock | (F1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. (F12) The performance share units vested 100% on February 7, 2024. |