Owens Corning — Director's Dealing 2014

Nov 5, 2014

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Owens Corning (OC)
CIK: 0001370946
Period of Report: 2014-10-31

Reporting Person: Francis Julian (President, Insulation)

Holdings (Non-Derivative)

Security	Shares	Ownership
$.01 Par Value Common	12263.588	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option (right to purchase)	$33.73	2022-02-01	$.01 Par Value Common (5100)		Direct
Option (right to purchase)	$42.16	2023-02-06	$.01 Par Value Common (5400)		Direct
Option (right to purchase)	$37.65	2024-02-05	$.01 Par Value Common (6800)		Direct
Performance Rights	$50.00	2017-04-15	$.01 Par Value Common (3000)		Direct

Footnotes

F1: The option vests in four equal installments which began on February 1, 2013.

F2: The option vests in four equal installments which began on February 6, 2014.

F3: The option vests in four equal installments beginning on February 5, 2015.

F4: Each performance right represents a contingent right to receive one share of Owens Corning common stock. The performance rights will vest on April 15, 2017 if Owens Corning's common stock achieves a closing market price above $50.00 during the vesting period.