SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
SCHNEIDER PAMELA C

(Last) (First) (Middle)
ONE RIVERFRONT PLAZA

(Street)
CORNING NY 14831

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
10/01/2003
3. Issuer Name and Ticker or Trading Symbol
CORNING INC /NY [ GLW ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 80,754.467 D
Common Stock 1,266(2) I Held by spouse
Common Stock 7,324.7176(2) I Held by Spouse - Employee Benefit Plan(1)
Common Stock 6,409.5817 I Employee Benefit Plan(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) (3) 01/02/2013 Common Stock 83,333 $3.8 D
Stock Option (Right to Buy) (4) 12/03/2012 Common Stock 83,333 $4.06 D
Stock Option (Right to Buy) (5) 02/02/2013 Common Stock 83,334 $4.15 D
Stock Option (Right to Buy) (6) 01/31/2012 Common Stock 137,081 $7.74 D
Stock Option (Right to Buy) (7) 12/05/2005 Common Stock 32,340 $8.7 D
Stock Option (Right to Buy) (8) 10/05/2008 Common Stock 46,338 $9.38 D
Stock Option (Right to Buy) (9) 12/04/2011 Common Stock 139,945 $9.95 D
Stock Option (Right to Buy) (7) 02/04/2007 Common Stock 9,000 $11.77 D
Stock Option (Right to Buy) (10) 08/14/2006 Common Stock 179,500 $15.28 D
Stock Option (Right to Buy) 02/01/2003 01/31/2012 Common Stock 36,563 $7.74 D
Stock Option (Right to Buy) (11) 05/14/2006 Common Stock 179,500 $21.15 D
Stock Option (Right to Buy) (12) 11/30/2009 Common Stock 29,859 $31.83 D
Stock Option (Right to Buy) (13) 12/21/2010 Common Stock 300,000 $54.63 D
Stock Option (Right to Buy) (14) 12/05/2010 Common Stock 83,587 $70.75 D
Stock Option (Right to Buy) (15) 06/05/2010 Common Stock 300,000 $72.11 D
Stock Option (Right to Buy) 09/01/2001 04/27/2004 Common Stock 21 $111 D
Stock Option (Right to Buy) 09/01/2001 02/04/2007 Common Stock 1,593 $111 D
Stock Option (Right to Buy) 07/02/2003 07/01/2011 Common Stock 532(2) $16.66 I Held by Spouse
Stock Option (Right to Buy) 02/01/2001 10/05/2008 Common Stock 10,662 $9.38 D
Stock Option (Right to Buy) 02/01/2002 11/30/2009 Common Stock 3,141 $31.83 D
Stock Option (Right to Buy) 12/06/2003 12/05/2010 Common Stock 1,413 $70.75 D
Stock Option (Right to Buy) (16) 12/04/2011 Common Stock 10,055 $9.95 D
Stock Option (Right to Buy) 02/01/2005 01/31/2012 Common Stock 12,919 $7.74 D
Phantom Stock (17) (17) Common Stock 3,448.81 (17) D
Explanation of Responses:
1. The Securities reported were acquired on a periodic basis by the Trustee of the Corning Investment Plan, a broad-based, tax-qualified employee benefit plan. The information was obtained from the Plan Administrator as of 9/30/03. The shares have been accumulated by the trustee monthly over the employment of the reporting person and the number is based upon the aggregate contributions to the reporting person's account divided by the then current market price.
2. The reporting person disclaims beneficial ownership of all securities held by spouse.
3. Option vests in 3 equal annual installments beginning on 1/3/04.
4. Option vests in 3 equal annual installments beginning on 12/4/03.
5. Option vests in 3 equal annual installments beginning on 2/3/04.
6. Option became exercisable as to 50,000 shares on 2/1/03, as to 24,999 shares on 8/1/03, and becomes exercisable as to 25,000 shares on 2/1/04, as to 25,000 shares on 8/1/04 and as to 12,082 shares on 2/1/05.
7. Option vested in 2 equal annual installments beginning on 2/1/99.
8. Option became exercisable as to 28,500 shares on 2/1/00 and as to 17,838 shares on 2/1/01.
9. Option became exercisable as to 50,000 shares on 12/5/02 and as to 24,994 shares on 6/5/03, and becomes exercisable as to 25,000 shares on 12/5/03, as to 14,950 shares on 6/5/04 and as to 25,001 shares on 12/5/04.
10. Option vested in 2 equal annual installments beginning on 8/15/02.
11. Option vested in 2 equal annual installments beginning on 5/15/02.
12. Option became exercisable as to 16,500 shares on 2/1/01 and as to 13,359 shares on 2/1/02.
13. Option vests in 3 equal annual installments beginning on 12/22/01.
14. Option became exercisable as to 28,333 shares on 12/6/01, as to 28,333 shares on 12/6/02, and becomes exercisable as to the remaining 26,921 shares on 12/6/03.
15. Option vests in 3 equal annual installments beginning on 6/6/03.
16. Option became exercisable as to 5 shares on 6/5/03, and becomes exercisable as to 10,050 shares on 6/5/04.
17. The reported Phantom Stock Units are acquired on a monthly basis pursuant to the terms of Corning's Supplemental Investment Plan [a 401(k) Excess Benefit Plan] and will be settled for cash at fair market value on or after the reporting person's retirement or other termination of service.
Remarks:
Denise A. Hauselt, by Power of Attorney 10/10/2003
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.