DOW INC. — Director's Dealing 2021

Mar 10, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DOW INC. (DOW)
CIK: 0001751788
Period of Report: 2021-03-08

Reporting Person: Gregorio Mauro (President, Perf Mat & Coatings)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-08	Common Stock	M	20338	$47.31	Acquired	34119	Direct
2021-03-08	Common Stock	D	16961	$63.92	Disposed	17158	Direct
2021-03-08	Common Stock	G	3377	—	Disposed	13781	Direct
2021-03-08	Common Stock	G	3377	—	Acquired	22333	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-08	Non-Qualified Stock Option (Right to Buy)	$47.31	M	20338	Disposed	2024-02-14	Common Stock (20338.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4.4376	Indirect
Common Stock	87.8137	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 $63.90 to $63.96. 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.