CORNING INC /NY — Director's Dealing 2008

Feb 14, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2008-02-12

Reporting Person: HOUGHTON JAMES R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-02-12	Common Stock	M	30000	$4.06	Acquired	59411	Direct
2008-02-12	Common Stock	M	60000	$4.15	Acquired	119411	Direct
2008-02-12	Common Stock	S	1200	$23.7	Disposed	118211	Direct
2008-02-12	Common Stock	S	3500	$23.72	Disposed	114711	Direct
2008-02-12	Common Stock	S	800	$23.73	Disposed	113911	Direct
2008-02-12	Common Stock	S	2900	$23.74	Disposed	111011	Direct
2008-02-12	Common Stock	S	3000	$23.75	Disposed	108011	Direct
2008-02-12	Common Stock	S	1200	$23.76	Disposed	106811	Direct
2008-02-12	Common Stock	S	900	$23.77	Disposed	105911	Direct
2008-02-12	Common Stock	S	1000	$23.78	Disposed	104911	Direct
2008-02-12	Common Stock	S	500	$23.79	Disposed	104411	Direct
2008-02-12	Common Stock	S	7100	$23.8	Disposed	97311	Direct
2008-02-12	Common Stock	S	4000	$23.81	Disposed	93311	Direct
2008-02-12	Common Stock	S	5300	$23.82	Disposed	88011	Direct
2008-02-12	Common Stock	S	13600	$23.83	Disposed	74411	Direct
2008-02-12	Common Stock	S	20800	$23.7	Disposed	53611	Direct
2008-02-12	Common Stock	S	17500	$23.71	Disposed	36111	Direct
2008-02-12	Common Stock	S	6700	$23.72	Disposed	29411	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-02-12	Stock Option (right to buy)	$4.06	M	30000	Disposed	2012-12-03	Common Stock (30000)	Direct
2008-02-12	Stock Option (right to buy)	$4.15	M	60000	Disposed	2013-02-02	Common Stock (60000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9782	Indirect
Common Stock	41150	Indirect
Common Stock	44267	Indirect

Footnotes

F1: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F2: The options vested in three equal installments on 12/04/2003, 12/04/2004, and 12/04/2005.

F3: The options vested in three equal installments on 02/03/2004, 02/03/2005, and 02/03/2006.