CORNING INC /NY — Director's Dealing 2006

Jan 24, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2006-01-20

Reporting Person: Tripeny R Tony (Vice President and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-01-20	Common Stock	X	4100	$15.00	Disposed	77069	Direct
2006-01-20	Common Stock	X	15000	$15.00	Disposed	62069	Direct
2006-01-20	Common Stock	X	19500	$17.50	Disposed	42569	Direct
2006-01-20	Common Stock	X	17800	$20.00	Disposed	24769	Direct
2006-01-20	Common Stock	X	1000	$22.50	Disposed	23769	Direct
2006-01-23	Common Stock	M	150	$1.57	Acquired	23919	Direct
2006-01-23	Common Stock	M	5000	$1.57	Acquired	28919	Direct
2006-01-23	Common Stock	M	8888	$3.80	Acquired	37807	Direct
2006-01-23	Common Stock	M	8888	$4.06	Acquired	46695	Direct
2006-01-23	Common Stock	M	13335	$4.15	Acquired	60030	Direct
2006-01-23	Common Stock	M	5000	$4.80	Acquired	65030	Direct
2006-01-23	Common Stock	F	9	$24.00	Disposed	65021	Direct
2006-01-23	Common Stock	F	327	$24.00	Disposed	64694	Direct
2006-01-23	Common Stock	F	1407	$24.00	Disposed	63287	Direct
2006-01-23	Common Stock	F	1503	$24.00	Disposed	61784	Direct
2006-01-23	Common Stock	F	2305	$24.00	Disposed	59479	Direct
2006-01-23	Common Stock	F	1000	$24.00	Disposed	58479	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-01-20	Short Call Option (Obligation to Sell)	$15.00	X	4100	Disposed	2006-01-21	Common Stock (4100)	Direct
2006-01-20	Short Call Option (Obligation to Sell)	$15.00	X	15000	Disposed	2006-01-21	Common Stock (15000)	Direct
2006-01-20	Short Call Option (Obligation to Sell)	$17.50	X	19500	Disposed	2006-01-21	Common Stock (19500)	Direct
2006-01-20	Short Call Option (Obligation to Sell)	$20.00	X	17800	Disposed	2006-01-21	Common Stock (17800)	Direct
2006-01-20	Short Call Option (Obligation to Sell)	$22.50	X	1000	Disposed	2006-01-21	Common Stock (1000)	Direct
2006-01-23	Stock Option (Right to Buy)	$1.57	M	150	Disposed	2012-07-31	Common Stock (150)	Direct
2006-01-23	Stock Option (Right to Buy)	$1.57	M	5000	Disposed	2012-09-30	Common Stock (5000)	Direct
2006-01-23	Stock Option (Right to Buy)	$3.80	M	8888	Disposed	2013-01-02	Common Stock (8888)	Direct
2006-01-23	Stock Option (Right to Buy)	$4.06	M	8888	Disposed	2012-12-03	Common Stock (8888)	Direct
2006-01-23	Stock Option (Right to Buy)	$4.15	M	13335	Disposed	2013-02-02	Common Stock (13335)	Direct
2006-01-23	Stock Option (Right to Buy)	$4.80	M	5000	Disposed	2012-12-01	Common Stock (5000)	Direct
2006-01-23	Stock Option (Right to Buy)	$24.00	A	9	Acquired	2012-07-31	Common Stock (9)	Direct
2006-01-23	Stock Option (Right to Buy)	$24.00	A	327	Acquired	2012-09-30	Common Stock (327)	Direct
2006-01-23	Stock Option (Right to Buy)	$24.00	A	1407	Acquired	2013-01-02	Common Stock (1407)	Direct
2006-01-23	Stock Option (Right to Buy)	$24.00	A	1503	Acquired	2012-12-03	Common Stock (1503)	Direct
2006-01-23	Common Stock	$24.00	A	2305	Acquired	2013-02-02	Common Stock (2305)	Direct
2006-01-23	Common Stock	$24.00	A	1000	Acquired	2012-12-01	Common Stock (1000)	Direct