DOW INC. — Director's Dealing 2020

Feb 14, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DOW INC. (DOW)
CIK: 0001751788
Period of Report: 2020-02-12

Reporting Person: Ungerleider Howard I (President and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-12	Common Stock	M	22115.0000	$28.1400	Acquired	155904.0000	Direct
2020-02-12	Common Stock	E	16164.0000	$49.3800	Disposed	139740.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-12	Non-Qualified Stock Option (Right to Buy)	$28.1400	M	22115.0000	Disposed	2020-02-12	Common Stock (22115.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	192.4846	Indirect
Common Stock	924.2863	Indirect
Common Stock	63593.0000	Indirect

Footnotes

F1: Represents shares withheld by the company to satisfy the payment of the exercise price and withholding tax obligation through a net settlement on the exercise date; share withholding was implemented pursuant to the award agreement and is exempt under Rule 16b-3.

F2: This option is fully vested and exercisable.