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CORNING INC /NY Director's Dealing 2004

Jun 2, 2004

29942_dirs_2004-06-01_77e4fafb-12de-4f21-9db3-1c0570277989.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2004-05-27

Reporting Person: SCHNEIDER PAMELA C (Senior Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2004-05-27 Common Stock I 6809.6 $12.19 Disposed 0 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2004-05-27 Phantom Stock $0 I 4391.98 Disposed Common Stock (4391.98) Direct

Footnotes

F1: 1 for 1 conversion of phantom stock units.

F2: Intra-plan transfer of funds from phantom stock units in Supplemental Investment Plan into another fund within the Plan.

F3: The reported Phantom Stock Units are acquired on a monthly basis pursuant to the terms of Corning's Supplemental Investment and will be settled for cash at fair market value on or after the reporting person's retirement or other termination of service.

F4: Intra-plan transfer of funds from Corning common stock fund of 401(k) Investment Plan to another fund within the Plan