Owens Corning — Director's Dealing 2013

Feb 26, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Owens Corning (OC)
CIK: 0001370946
Period of Report: 2013-02-22

Reporting Person: Christy John William (Sr. VP & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-22	$.01 Par Value Common	M	13000	$30.00	Acquired	47666	Direct
2013-02-22	$.01 Par Value Common	M	2400	$13.89	Acquired	50066	Direct
2013-02-22	$.01 Par Value Commin	M	3975	$25.45	Acquired	54041	Direct
2013-02-22	$.01 Par Value Common	S	13000	$39.73	Disposed	41041	Direct
2013-02-22	$.01 Par Value Common	S	2400	$39.73	Disposed	38641	Direct
2013-02-22	$.01 Par Value Common	S	3975	$39.73	Disposed	34666	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-02-22	Stock Option (right to buy)	$30.00	M	13000	Disposed	2016-10-30	Common Stock (13000)	Direct
2013-02-22	Stock Option (right to buy)	$13.89	M	2400	Disposed	2019-02-04	Common Stock (2400)	Direct
2013-02-22	Stock Option (right to buy)	$25.45	M	3975	Disposed	2020-02-03	Common Stock (3975)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.17 to $40.14, 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 sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.28 to $40.09, inclusive. The reporting person undertakes to provide to 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.18 to $40.20, inclusive. The reporting person undertakes to provide to 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 sold at each separate price within the ranges set forth in footnote (3) to this Form 4.

F4: The options, representing a right to purchase a total of 13,000 shares, became exercisable on October 30, 2009.

F5: The options, representing a right to purchase a total of 9,600 shares, became exercisable in four equal installments beginning on February 4, 2010.

F6: The options, representing a right to purchase a total of 5,300 shares, became exercisable in four equal installments beginning on February 3, 2011.