Form 4 for GLW Corning Inc.
Accepted 2024-02-12 00:00:00 ET · period of report 2024-02-08 · accession 0001127602-24-004456 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-02-12 | 2024-02-08 | GLW | Fang Li | SVP, Corning Intl, NBD, Solar | D - Sale to Iss | $31.73 | -5,843 | 0 | -100% | -$185.4K |
| DM | 2024-02-12 | 2024-02-08 | GLW | Fang Li | SVP, Corning Intl, NBD, Solar | M - OptEx | $0.00 | +5,843 | 3,886 | New | $0 |
| DM | 2024-02-12 | 2024-02-08 | GLW | Fang Li | SVP, Corning Intl, NBD, Solar | M - OptEx | $0.00 | -5,843 | 979 | -86% | $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 | 2024-02-08 | D | D | 5,843 | $31.73 | 0 | D | — | — | |
| 2 | Common | Common Stock | 2024-02-08 | M | A | 1,957 | $0.00 | 5,843 | D | — | — | (F1) The restricted stock units will be settled solely in cash ("cash-settled RSUs"). Each cash-settled RSU is the economic equivalent of one share of Corning Incorporated common stock. |
| 3 | Common | Common Stock | 2024-02-08 | M | A | 3,886 | $0.00 | 3,886 | D | — | — | (F1) The restricted stock units will be settled solely in cash ("cash-settled RSUs"). Each cash-settled RSU is the economic equivalent of one share of Corning Incorporated common stock. |
| 4 | Derivative | Restricted Stock Unit | 2024-02-08 | M | D | 3,886 | $0.00 | 7,774 | D | — · — to — | 3,886 Common Stock | (F1) The restricted stock units will be settled solely in cash ("cash-settled RSUs"). Each cash-settled RSU is the economic equivalent of one share of Corning Incorporated common stock. (F2) The cash-settled 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. |
| 5 | Derivative | Restricted Stock Unit | 2024-02-08 | M | D | 1,957 | $0.00 | 979 | D | — · — to — | 1,957 Common Stock | (F1) The restricted stock units will be settled solely in cash ("cash-settled RSUs"). Each cash-settled RSU is the economic equivalent of one share of Corning Incorporated common stock. (F3) The cash-settled RSUs granted on February 8, 2023 will vest 2/3 after 1 year and 1/3 after 18 months from the grant date. |