Morse David L 4
4 · CORNING INC /NY · Filed Apr 20, 2022
Insider Transaction Report
Form 4
Morse David L
Exec Vice President 2 of 2
Transactions
- Exercise/Conversion
Restricted Stock Unit
2022-04-18−16,749→ 0 total→ Common Stock (16,749 underlying) - Exercise/Conversion
Common Stock
2022-04-18+16,749→ 16,749 total - Tax Payment
Common Stock
2022-04-18$33.87/sh−8,157$276,278→ 8,592 total
Holdings
- 2,123
Restricted Stock Unit
→ Common Stock (2,123 underlying) - 36,142
Restricted Stock Unit
→ Common Stock (36,142 underlying) - 15,857
Restricted Stock Unit
→ Common Stock (15,857 underlying) - 55,800(indirect: By Trust)
Common Stock
- 20,215
Restricted Stock Unit
→ Common Stock (20,215 underlying)
Footnotes (7)
- [F1]The reporting person is trustee and beneficiary of the trust.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated Common Stock.
- [F3]The Restricted Stock Units vested 100% on April 18, 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.
- [F6]The Restricted Stock Units vest 100% on April 15, 2024. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2024. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2024.
- [F7]The Restricted Stock Units vest 100% on April 15, 2025. Vested shares will be delivered to the reporting person within thirty (30) days after April 15, 2025. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to April 15, 2025.