CORNING INC /NY — Director's Dealing 2011

Feb 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2011-02-07

Reporting Person: SCHNEIDER PAMELA C (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-07	Common Stock	M	8750	$10.98	Acquired	95886	Direct
2011-02-07	Common Stock	M	28000	$8.67	Acquired	123886	Direct
2011-02-07	Common Stock	M	28000	$10.05	Acquired	151886	Direct
2011-02-07	Common Stock	M	28000	$10.25	Acquired	179886	Direct
2011-02-07	Common Stock	S	92750	$22.8045	Disposed	87136	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-07	Stock Options (Right to Buy)	$10.98	M	8750	Disposed	2015-01-31	Common Stock (8750)	Direct
2011-02-07	Stock Options (Right to Buy)	$8.67	M	28000	Disposed	2018-12-02	Common Stock (28000)	Direct
2011-02-07	Stock Options (Right to Buy)	$10.05	M	28000	Disposed	2019-01-01	Common Stock (28000)	Direct
2011-02-07	Stock Options (Right to Buy)	$10.25	M	28000	Disposed	2019-02-01	Common Stock (28000)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.76 to $22.88, inclusive. The reporting person undertakes to provide to Corning Incorporated, any security holder of Corning Incorporated, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth previously in this footnote.