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Owens Corning Director's Dealing 2011

Sep 16, 2011

30523_dirs_2011-09-16_40f09212-916a-4fec-ae93-1d1fb7cd5ebe.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Owens Corning (OC)
CIK: 0001370946
Period of Report: 2011-09-15

Reporting Person: HANDY F PHILIP (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-09-15 $.01 Par Value Common P 5000 $26.73 Acquired 46236 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-09-15 Series B Warrants (right to buy) $45.25 P 5000 Acquired 2013-10-31 Common Stock (5000) Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $26.56 to $26.93, inclusive. The reporting person undertakes to provide Owens Corning, any security holder of Owens Corning, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares or warrants purchased at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.

F2: The price reported in Column 4 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $1.67 to 1.82, inclusive.