SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

WEEKS WENDELL P

(Last)

(First)

(Middle)

ONE RIVERFRONT PLAZA

(Street)

CORNING

14831

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CORNING INC /NY [ GLW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/02/2006

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/02/2006		M		50,000	A	$9.38	696,304	D
Common Stock	08/02/2006		S		50,000	D	$17.91	646,304	D
Common Stock	08/03/2006		M		86,338	A	$9.38	732,642	D
Common Stock	08/03/2006		S		86,338	D	$18.0036	646,304	D
Common Stock	08/03/2006		M		13,662	A	$4.06	659,966	D
Common Stock	08/03/2006		S		13,662	D	$18.0036	646,304	D
Common Stock	08/02/2006		M		1,338	A	$9.38	31,200⁽¹⁾	I	HELD BY WIFE
Common Stock	08/02/2006		M		3,331	A	$9.95	34,531⁽¹⁾	I	HELD BY WIFE
Common Stock	08/02/2006		M		5,684	A	$7.74	40,215⁽¹⁾	I	HELD BY WIFE
Common Stock	08/02/2006		M		8,333	A	$4.06	48,548⁽¹⁾	I	HELD BY WIFE
Common Stock	08/02/2006		M		8,333	A	$3.8	56,881⁽¹⁾	I	HELD BY WIFE
Common Stock	08/02/2006		M		8,334	A	$4.15	65,215⁽¹⁾	I	HELD BY WIFE
Common Stock	08/02/2006		M		4,500	A	$11.21	69,715⁽¹⁾	I	HELD BY WIFE
Common Stock	08/02/2006		M		2,250	A	$10.4	71,965⁽¹⁾	I	HELD BY WIFE
Common Stock	08/02/2006		M		2,250	A	$12.79	74,215⁽¹⁾	I	HELD BY WIFE
Common Stock	08/02/2006		S		44,353	D	$17.98	29,862⁽¹⁾	I	HELD BY WIFE
Common Stock								10,506.24	I	TRUSTEE U/EMPLOYEE BENEFIT PLAN
Common Stock								6,377.24	I	HELD BY WIFE - EMP. BEN. PLAN

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Options (Right to buy)	$3.8							01/03/2004	01/02/2013	Common Stock	283,333		283,333	D
Stock Options (Right to buy)	$4.06	08/03/2006		M			13,662	12/04/2003	12/03/2012	Common Stock	13,662	$0	269,671	D
Stock Options (Right to buy)	$4.15							02/03/2004	02/02/2013	Common Stock	283,334		283,334	D
Stock Options (Right to buy)	$7.74							02/01/2003	01/31/2012	Common Stock	436,250		436,250	D
Stock Options (Right to buy)	$9.38	08/02/2006		M			50,000	02/01/2000	10/05/2008	Common Stock	50,000	$0	86,338	D
Stock Options (Right to buy)	$9.38	08/03/2006		M			86,338	02/01/2000	10/05/2008	Common Stock	86,338	$0	0	D
Stock Options (Right to buy)	$9.95							12/05/2002	12/04/2011	Common Stock	339,945		339,945	D
Stock Options (Right to buy)	$10.4							01/02/2006	01/01/2014	Common Stock	73,500		73,500	D
Stock Options (Right to buy)	$11.21							12/03/2004	12/02/2013	Common Stock	147,000		147,000	D
Stock Options (Right to buy)	$12.79							02/02/2007	02/01/2014	Common Stock	73,500		73,500	D
Stock Options (Right to buy)	$3.8	08/02/2006		M			8,333	01/03/2004	01/02/2013	Common Stock	8,333	$0	0⁽¹⁾	I	HELD BY WIFE
Stock Options (Right to buy)	$4.06	08/02/2006		M			8,333	12/04/2003	12/03/2012	Common Stock	8,333	$0	0⁽¹⁾	I	HELD BY WIFE
Stock Options (Right to buy)	$4.15	08/02/2006		M			8,334	02/03/2004	02/02/2013	Common Stock	8,334	$0	0⁽¹⁾	I	HELD BY WIFE
Stock Options (Right to buy)	$7.74	08/02/2006		M			5,684	02/01/2003	01/31/2012	Common Stock	5,684	$0	0⁽¹⁾	I	HELD BY WIFE
Stock Options (Right to buy)	$9.38	08/02/2006		M			1,338	02/01/2000	10/05/2008	Common Stock	1,338	$0	0⁽¹⁾	I	HELD BY WIFE
Stock Options (Right to buy)	$9.95	08/02/2006		M			3,331	12/05/2002	12/04/2011	Common Stock	3,331	$0	0⁽¹⁾	I	HELD BY WIFE
Stock Options (Right to buy)	$10.4	08/02/2006		M			2,250	01/02/2006	01/01/2014	Common Stock	2,250	$0	0⁽¹⁾	I	HELD BY WIFE
Stock Options (Right to buy)	$11.21	08/02/2006		M			4,500	12/03/2004	12/02/2013	Common Stock	4,500	$0	0⁽¹⁾	I	HELD BY WIFE
Stock Options (Right to buy)	$12.79	08/02/2006		M			2,250	02/02/2007	02/01/2014	Common Stock	2,250	$0	0⁽¹⁾	I	HELD BY WIFE

Explanation of Responses:

1. The Reporting Person disclaims beneficial ownership of all securities held by wife.

	Denise A. Hauselt, Power of Attorney	08/03/2006
	** 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 4 (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).
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