DOW INC. — Director's Dealing 2020

Sep 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DOW INC. (DOW)
CIK: 0001751788
Period of Report: 2020-09-15

Reporting Person: Fitterling James R (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-15	Common Stock	M	116590.0000	$38.8700	Acquired	166663.0000	Direct
2020-09-15	Common Stock	D	100693.0000	$51.2610	Disposed	65970.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-15	Non-Qualified Stock Option (Right to Buy)	$38.8700	M	116590.0000	Disposed	2021-02-11	Common Stock (116590.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	852.8929	Indirect
Common Stock	1979.7409	Indirect
Common Stock	167838.0000	Indirect

Footnotes

F1: Shares used to satisfy the exercise price and tax withholding of the Reporting Person upon exercise of options as required by the award agreement and exempt under Rule 16b-3.

F2: The price is a weighted average sale price. The shares were sold in multiple transactions at prices ranging from $51.25 to $51.31. Reporting Person agrees to provide upon request by the Commission staff, the issuer,
or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F3: This option is fully vested and exercisable.