Ownership Submission
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Morse David L
2. Date of Event Requiring Statement (Month/Day/Year)
05/01/2012
3. Issuer Name and Ticker or Trading Symbol
CORNING INC /NY [GLW]
(Last)
(First)
(Middle)
ONE RIVERFRONT PLAZA
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Exec Vice President 1 of 2
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

CORNING, NY 14831
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
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 62,345
D
 
Common Stock 900
I
Held by 1st Child
Common Stock 1,800
I
Held by 2nd Child
Common Stock 5,505
I
Held by 3rd Child
Common Stock 213
I
Held by Spouse (1)
Common Stock 3,296.0458
I
Held by Wife - Employee Benefit Plan (1)
Common Stock - Jt. Tenant W/wife 2,042
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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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 of Derivative Security: 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 Options (Right to Buy) 08/02/2006 12/03/2012 Common Stock 1,158 $ 19.47 D  
Stock Options (Right to Buy) 08/02/2006 01/02/2013 Common Stock 1,084 $ 19.47 D  
Stock Options (Right to Buy) 08/02/2006 02/02/2013 Common Stock 1,184 $ 19.47 D  
Stock Options (Right to Buy) 12/07/2006 12/06/2015 Common Stock 21,500 $ 21.08 D  
Stock Options (Right to Buy) 01/02/2007 01/01/2016 Common Stock 10,750 $ 19.68 D  
Stock Options (Right to Buy) 01/26/2007 12/03/2012 Common Stock 1,830 $ 24.65 D  
Stock Options (Right to Buy) 01/26/2007 01/02/2013 Common Stock 1,712 $ 24.65 D  
Stock Options (Right to Buy) 02/03/2007 02/02/2013 Common Stock 1,886 $ 24.44 D  
Stock Options (Right to Buy) 12/06/2007 12/05/2016 Common Stock 18,000 $ 21.89 D  
Stock Options (Right to Buy) 12/05/2008 12/04/2017 Common Stock 20,500 $ 24.92 D  
Stock Options (Right to Buy) 01/02/2009 01/01/2017 Common Stock 9,000 $ 18.85 D  
Stock Options (Right to Buy) 02/01/2009 01/31/2016 Common Stock 10,750 $ 24.72 D  
Stock Options (Right to Buy) 12/03/2009 12/02/2018 Common Stock 13,222 $ 8.67 D  
Stock Options (Right to Buy) 01/02/2010 01/01/2018 Common Stock 10,250 $ 23.37 D  
Stock Options (Right to Buy) 01/02/2010 01/01/2019 Common Stock 13,223 $ 10.05 D  
Stock Options (Right to Buy) 02/01/2010 01/31/2017 Common Stock 9,000 $ 20.86 D  
Stock Options (Right to Buy) 02/02/2010 02/01/2019 Common Stock 13,223 $ 10.25 D  
Stock Options (Right to Buy) 12/02/2010(2) 12/01/2019 Common Stock 11,000 $ 17.82 D  
Stock Options (Right to Buy) 01/04/2011(3) 01/03/2020 Common Stock 11,000 $ 19.56 D  
Stock Options (Right to Buy) 02/01/2011 01/31/2018 Common Stock 10,250 $ 24.61 D  
Stock Options (Right to Buy) 02/01/2011(4) 01/31/2020 Common Stock 11,000 $ 18.16 D  
Stock Options (Right to Buy) 01/03/2012(5) 01/02/2021 Common Stock 11,098 $ 19.19 D  
Stock Options (Right to Buy) 02/01/2012(6) 01/31/2021 Common Stock 9,386 $ 22.69 D  
Stock Options (Right to Buy) 03/01/2012(7) 02/28/2021 Common Stock 9,667 $ 22.03 D  
Stock Options (Right to Buy) 01/03/2015(8) 01/02/2022 Common Stock 19,172 $ 13.04 D  
Stock Options (Right to Buy) 02/01/2015(8) 01/31/2022 Common Stock 19,380 $ 12.9 D  
Stock Options (Right to Buy) 03/01/2015(8) 02/28/2022 Common Stock 19,275 $ 12.97 D  
Stock Options (Right to Buy) 04/26/2015(8) 04/25/2022 Common Stock 17,483 $ 14.3 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Morse David L
ONE RIVERFRONT PLAZA
CORNING, NY 14831
      Exec Vice President 1 of 2  

Signatures

Denise A. Hauselt, Power of Attorney 05/02/2012
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The reporting person disclaims beneficial ownership of all securities held by spouse.
(2) The options vest in three equal annual installments beginning on December 2, 2010.
(3) The options vest in three equal annual installments beginning on January 4, 2011.
(4) The options vest in three equal installments beginning on February 1, 2011.
(5) The options vest in three equal annual installments beginning on January 3, 2012.
(6) The options vest in three equal annual installments beginning on February 1, 2012.
(7) The options vest in three equal annual installments beginning on March 1, 2012.
(8) The options will vest 100% at the end of three years from grant date.

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