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CORNING INC /NY Director's Dealing 2007

Apr 2, 2007

29942_dirs_2007-04-02_73b494bd-3f0c-4f6b-95b4-320e4c642e34.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: 2007-03-30

Reporting Person: CUMMINGS ROBERT F JR (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-03-30 Phantom Stock $0 A 1077.4 Acquired Common Stock (1077.4) Direct

Footnotes

F1: Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.

F2: Distribution of phantom stock units in cash under the Non-Employee Directors' Deferred Compensation Plan is deferred until a specific date as elected by the participant or termination of service as a Director of Corning.