FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Curran Martin J
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)
Exec. VP & Innovation Officer
(Last)          (First)          (Middle)

ONE RIVERFRONT PLAZA
3. Date of Earliest Transaction (MM/DD/YYYY)

2/8/2023
(Street)

CORNING, NY 14831
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)
Code V Amount (A) or (D) Price
Common Stock 2/8/2023  M  134 A (1)134 D  
Common Stock 2/8/2023  M  107 A (1)241 D  
Common Stock 2/8/2023  M  679 A (1)920 D  
Common Stock 2/8/2023  F  920 D$35.14 0 D  
Common Stock - Jt. Tenant W/wife         28806 I By Trust 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit  (2)           (3) (3)Common Stock 29316  29316 D  
Restricted Stock Unit  (2)           (4) (4)Common Stock 12892  12892 D  
Restricted Stock Unit  (2)           (5) (5)Common Stock 16216  16216 D  
Restricted Stock Unit  (2)           (6) (6)Common Stock 8270  8270 D  
Restricted Stock Unit  (2)           (6) (6)Common Stock 955  955 D  
Restricted Stock Unit  (2)2/8/2023  A   5260 (7)    (8) (8)Common Stock 5260 $0 5260 D  
Restricted Stock Unit  (2)2/8/2023  A   19287 (9)    (10) (10)Common Stock 19287 $0 19287 D  
Performance Share Unit  (1)2/8/2023  A   3775     (11) (11)Common Stock 3775 $0 3775 D  
Performance Share Unit  (1)2/8/2023  A   3008     (12) (12)Common Stock 3008 $0 13369 D  
Performance Share Unit  (1)2/8/2023  A   19148     (13) (13)Common Stock 19148 $0 66475 D  
Performance Share Unit  (1)2/8/2023  M     134   (11) (11)Common Stock 134  (1)3641 D  
Performance Share Unit  (1)2/8/2023  M     107   (12) (12)Common Stock 107  (1)13262 D  
Performance Share Unit  (1)2/8/2023  M     679   (13) (13)Common Stock 679  (1)65796 D  

Explanation of Responses:
(1) Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
(2) Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
(3) The restricted stock units (RSUs) vest 100% on April 14, 2023. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
(4) The restricted stock units (RSUs) vest 100% on April 15, 2024. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
(5) The restricted stock units (RSUs) vest 100% on April 15, 2025. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
(6) The restricted stock units will vest on May 15, 2023. Events such as retirement, death, disability, and others specified in the May 2020 agreement may result in vesting prior to the vesting date.
(7) Employees were provided an opportunity to voluntarily exchange a portion of their compensation for the first six months of 2023 for restricted stock units (RSUs). The reporting person exchanged $140,000 of their cash compensation for 5,260 RSUs.
(8) The restricted stock units (RSUs) vest 2/3 after 1 year and 1/3 after 18 months from the grant date.
(9) The reporting person was granted restricted stock units (RSUs) in lieu of the cash payment to be paid under the 2023 performance incentive plan (PIP). The reporting person was granted 19,287 RSUs in exchange for the cash payment of $560,000 under the PIP.
(10) The restricted stock units (RSUs) vest 1/3 after 1 year from grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.
(11) Performance share units (PSUs) were earned February 8, 2023 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2022 pursuant to the 2022 agreement. Earned PSUs remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement.
(12) Performance share units (PSUs) were earned February 8, 2023 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2022 pursuant to the 2021 agreement. Earned PSUs remain restricted until April 15, 2024, when they vest and convert to common stock, subject to service-based vesting requirement.
(13) Performance share units (PSUs) were earned February 8, 2023 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2022 pursuant to the 2020 agreement. Earned PSUs remain restricted until April 14, 2023, when they vest and convert to common stock, subject to service-based vesting requirement.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Curran Martin J
ONE RIVERFRONT PLAZA
CORNING, NY 14831


Exec. VP & Innovation Officer

Signatures
Linda E. Jolly, Power of Attorney2/10/2023
**Signature of Reporting PersonDate


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).
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 control number.
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