Capps Cheryl C 4
4 · CORNING INC /NY · Filed Feb 8, 2024
Insider Transaction Report
Form 4
Capps Cheryl C
SVP & Chief Supply Chain Off.
Transactions
- Exercise/Conversion
Performance Share Unit
2024-02-07−80→ 4,527 total→ Common Stock (80 underlying) - Award
Performance Share Unit
2024-02-07+2,877→ 9,529 total→ Common Stock (2,877 underlying) - Exercise/Conversion
Performance Share Unit
2024-02-07−63→ 1,884 total→ Common Stock (63 underlying) - Exercise/Conversion
Performance Share Unit
2024-02-07−93→ 9,436 total→ Common Stock (93 underlying) - Tax Payment
Common Stock
2024-02-07$31.79/sh−236$7,502→ 31,493 total - Award
Performance Share Unit
2024-02-07+2,495→ 4,607 total→ Common Stock (2,495 underlying) - Exercise/Conversion
Common Stock
2024-02-07+63→ 31,556 total - Exercise/Conversion
Common Stock
2024-02-07+80→ 31,636 total - Exercise/Conversion
Common Stock
2024-02-07+93→ 31,729 total - Award
Performance Share Unit
2024-02-07+1,947→ 1,947 total→ Common Stock (1,947 underlying)
Footnotes (7)
- [F1]Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
- [F2]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.
- [F3]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.
- [F4]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.
- [F5]Vesting to satisfy tax requirement pursuant to the 2023 agreement.
- [F6]Vesting to satisfy tax requirement pursuant to the 2022 agreement.
- [F7]Vesting to satisfy tax requirement pursuant to the 2021 agreement.