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CORNING INC /NY Director's Dealing 2011

Apr 4, 2011

29942_dirs_2011-04-04_9e58fd1b-8253-4262-b05b-c06e13f2f8c5.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: 2011-03-31

Reporting Person: OCONNOR JAMES J (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-03-31 Common Stock A 31.4439 $20.77 Acquired 117933.5048 Direct
2011-03-31 Common Stock - Jt. Tenant W/wife A 6.8473 $20.77 Acquired 2851.3061 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-03-31 Phantom Stock $0 A 2567.02 Acquired Common Stock (2567.02) 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 300.90 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 March 31, 2011 quarterly dividend payment date under dividend reinvestment plan.