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CORNING INC /NY Director's Dealing 2008

Jan 3, 2008

29942_dirs_2008-01-03_6dfa7dd1-277b-4f91-add2-d45a2621a395.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: 2007-09-28

Reporting Person: TOOKES HANSEL E II (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-09-28 Phantom Stock $0 A 73.43 Acquired Common Stock (73.43) Direct

Footnotes

F2: Includes 73.43 units acquired pursuant to dividend reinvestment feature of Non-Employee Directors' Deferred Compensation Plan for which no additional price was paid.

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

F4: Includes 74.98 units acquired pursuant to divident reinvestment feature of Non-Employee Directors' Deferred Compensation Plan for which no additional price was paid.

F3: 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.