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CORNING INC /NY Director's Dealing 2007

Aug 3, 2007

29942_dirs_2007-08-03_9ddd9729-6911-4eb8-a62c-6863b8039bf9.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: 2007-08-02

Reporting Person: VOLANAKIS PETER F (Director, President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-02	Common Stock	M	120157	$7.74	Acquired	716621.28	Direct
2007-08-02	Common Stock	S	103385	$24.5	Disposed	613236.28	Direct
2007-08-02	Common Stock	S	300	$24.505	Disposed	612936.28	Direct
2007-08-02	Common Stock	S	8200	$24.51	Disposed	604736.28	Direct
2007-08-02	Common Stock	S	2272	$24.52	Disposed	602464.28	Direct
2007-08-02	Common Stock	S	6000	$24.53	Disposed	596464.28	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-08-02	Stock Options (Right to buy)	$7.74	M	120157	Disposed	2012-01-31	Common Stock (120157)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	500	Indirect
Common Stock	500	Indirect