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Owens Corning Director's Dealing 2015

Oct 30, 2015

30523_dirs_2015-10-30_368c8c25-59e5-4dd6-a543-d459081f059d.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: 2015-10-28

Reporting Person: SMITH DANIEL T (Sr. VP Organization & Adm.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-10-28 $.01 Par Value Common M 15200 $23.65 Acquired 66798.202 Direct
2015-10-28 $.01 Par Value Common M 17900 $25.45 Acquired 84698.202 Direct
2015-10-28 $.01 Par Value Common S 33100 $46.19 Disposed 51598.202 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-10-28 Option (right to purchase) $23.65 M 15200 Disposed 2019-09-14 $.01 Par Value Common (15200) Direct
2015-10-28 Option (right to purchase) $25.45 M 17900 Disposed 2020-02-03 $.01 Par Value Common (17900) Direct

Footnotes

F1: The total amount of holdings reflects 336 shares acquired on May 29, 2015 through the issuer's Employee Stock Purchase Plan which is exempt under Rule 16b-3(c).

F2: The price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $46.13 to $46.29, 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 theis footnote.