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CORNING INC /NY Director's Dealing 2009

Apr 2, 2009

29942_dirs_2009-04-02_8391923c-5a18-4677-9bcc-71540342c6e3.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: 2009-03-31

Reporting Person: OCONNOR JAMES J (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-03-31 Common Stock A 47.9891 $13.2907 Acquired 135949.1085 Direct
2009-03-31 Common Stock - Jt. Tenant W/wife A 10.4501 $13.2907 Acquired 2788.2869 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-03-31 Phantom Stock $0 A 2724.71 Acquired Common Stock (2724.71) 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 388.61 units acquired pursuant to dividend reinvestment feature of Non-Employee Directors' Deferred Compensation Plan for which no additional price was paid.

F4: Includes 47.9891 shares acquired on Company's March 31, 2009 quarterly dividend payment date under dividend reinvestment plan.

F5: Includes 10.4501 shares acquired on Company's March 31, 2009 quarterly dividend payment date under dividend reinvestment plan.