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^*

FINE GERALD J

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2003

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								56,311	D
Common Stock								5,353.339	I	TRUSTEE U/EMPLOYEE BENEFIT 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	60,000		60,000	D
Stock Options (Right to buy)	$4.06							12/04/2003	12/03/2012	Common Stock	60,000		60,000	D
Stock Options (Right to buy)	$4.15							02/03/2004	02/02/2013	Common Stock	60,000		60,000	D
Stock Options (Right to buy)	$7.74							02/01/2003	01/31/2012	Common Stock	138,250		138,250	D
Stock Options (Right to buy)	$9.38							02/01/2000	10/05/2008	Common Stock	47,250		47,250	D
Stock Options (Right to buy)	$9.95							12/05/2002	12/04/2011	Common Stock	100,000		100,000	D
Stock Options (Right to buy)	$15.28							08/15/2002	08/14/2006	Common Stock	235,740		235,740	D
Stock Options (Right to buy)	$21.15							05/15/2002	05/14/2006	Common Stock	235,740		235,740	D
Stock Options (Right to buy)	$31.83							02/01/2001	11/30/2009	Common Stock	45,000		45,000	D
Stock Options (Right to buy)	$54.63							12/22/2001	12/21/2010	Common Stock	500,000		500,000	D
Stock Options (Right to buy)	$62.34							03/07/2001	12/05/2005	Common Stock	3,000		3,000	D
Stock Options (Right to buy)	$70.75							12/06/2001	12/05/2010	Common Stock	120,000		120,000	D
Stock Options (Right to buy)	$72.11							06/06/2003	06/05/2010	Common Stock	300,000		300,000	D
Phantom Stock	$0⁽¹⁾	08/19/2003		J⁽¹⁾		40.6		08/08/1988⁽¹⁾	08/08/1988⁽¹⁾	Common Stock	40.6	$0	4,917.67	D

Explanation of Responses:

1. 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 on or after the reporting person's retirement or other termination of service.

	Denise A. Hauselt, Power of Attorney	08/20/2003
	** 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 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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