CORNING INC /NY — Director's Dealing 2011

Jan 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2010-12-31

Reporting Person: LANDGRAF KURT M (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-31	Phantom Stock	$0	A	1979.81	Acquired		Common Stock (1979.81)	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.