CORNING INC /NY — Director's Dealing 2012

Apr 30, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2012-04-27

Reporting Person: SMITHBURG WILLIAM D (Former Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-27	Phantom Stock	$0	A	1545.54	Acquired		Common Stock (1545.54)	Direct
2012-04-27	Phantom Stock	$0	M	162581.03	Disposed		Common Stock (162581.03)	Direct

Footnotes

F1: Phantom stock units convert to the cash value of the company's common stock on a one-for-one basis.

F2: Distribution of phantom stock units in cash under the Non-Employee Directors' Deferred Compensation Plan upon Mr. Smithburg's retirement as a Director of Corning.