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Owens Corning Director's Dealing 2010

Dec 21, 2010

30523_dirs_2010-12-21_e90cba85-0090-4f50-b1af-980b32b522ca.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Owens Corning (OC)
CIK: 0001370946
Period of Report: 2010-12-15

Reporting Person: Genis Arnaud (Group Pres Composite Solutions)

Holdings (Non-Derivative)

Security Shares Ownership
$.01 Par Value Common 18369 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Option (right to buy) $13.89 2019-02-04 $.01 Par Value Common (11700) Direct
Option (right to buy) $25.45 2020-02-03 $.01 Par Value Common (9700) Direct

Footnotes

F1: Restricted stock units to be settled solely in company stock.

F2: The option vests in four equal installments which began on February 4, 2010.

F3: The option vests in four equal installments beginning on February 3, 2011.