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CORNING INC /NY Director's Dealing 2009

Oct 2, 2009

29942_dirs_2009-10-02_3282de69-a39f-46a4-8f41-d8372ec4a6bd.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: 2009-09-30

Reporting Person: RUDING H ONNO (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-09-30 Common Stock A 35.9585 $15.26 Acquired 61663.3229 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-09-30 Phantom Stock $0 A 1150.75 Acquired Common Stock (1150.75) Direct

Footnotes

F1: 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.

F2: Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.

F3: Includes 48.53 units acquired pursuant to dividend reinvestment feature of Non-Employee Directors' Deferred Compensation Plan for which no additional price was paid.

F4: Shares acquired on Company's September 30, 2009 quarterly dividend payment date under dividend reinvestment plan.