Owens Corning — Director's Dealing 2014

Feb 7, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Owens Corning (OC)
CIK: 0001370946
Period of Report: 2014-02-05

Reporting Person: McMurray Michael C. (Sr. VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-05	$.01 Par Value Common	A	13900	—	Acquired	48988	Direct
2014-02-06	$.01 Par Value Common	F	985	$38.81	Disposed	48003	Direct
2014-02-06	$.01 Par Value Common	A	220	—	Acquired	48223	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-05	Stock Option Exercise (Right to Purchase)	$37.65	A	21100	Acquired	2024-02-05	$.01 Par Value Common (21100)	Direct

Footnotes

F1: Shares of restricted stock granted under the Owens Corning 2013 Stock Plan and pursuant to the Company's Long-Term Incentive Program.

F2: Shares automatically withheld upon vesting of restricted stock to satisfy tax withholding obligations.

F3: Awarded in connection with settlement of Performance Share Units for the three-year performance cycle ended December 31, 2013.

F4: The option vests in four equal annual installments beginning on February 5, 2015.