Clappin James P 4
4 · CORNING INC /NY · Filed Jan 11, 2022
Insider Transaction Report
Form 4
Clappin James P
President, Corning Glass Tech.
Transactions
- Tax Payment
Common Stock
2022-01-07$37.97/sh−672$25,516→ 85,064.24 total - Exercise/Conversion
Common Stock
2022-01-07+672→ 85,736.24 total - Exercise/Conversion
Restricted Stock Unit
2022-01-07−672→ 9,472 total→ Common Stock (672 underlying)
Holdings
- 189
Restricted Stock Unit
→ Common Stock (189 underlying) - 9,797
Common Stock - Jt. Tenant W/wife
- 37,662
Restricted Stock Unit
→ Common Stock (37,662 underlying) - 1,929.968(indirect: By Trust)
Common Stock
- 17,460
Restricted Stock Unit
→ Common Stock (17,460 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
- [F2]Vesting to satisfy tax requirement pursuant to the April 2021 agreement.
- [F3]The Restricted Stock Units vest 100% on April 15, 2022. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2022. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2022.
- [F4]The Restricted Stock Units vest 100% on April 14, 2023. Vested shares will be delivered to the reporting person within thirty (30) days after April 14, 2023. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 14, 2023.
- [F5]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.