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Owens Corning Director's Dealing 2016

Apr 15, 2016

30523_dirs_2016-04-15_2fb95cd0-22a9-4cd1-abbf-0fa44dc36659.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: 2016-04-13

Reporting Person: Chambers Brian (President, Roofing and Asphalt)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-04-13 $.01 Par Value Common M 3000 Acquired 35635 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-04-13 Performance Rights $ M 3000 Disposed 2017-04-15 $.01 Par Value Common (3000) Direct

Footnotes

F1: Performance rights granted on April 15, 2013. The performance measurement was met on April 13, 2016, so performance rights converted to restricted stock that will vest on April 15, 2017.

F2: Each performance right represented a contingent right to receive one share of Owens Corning common stock upon Owens Corning's common stock achieving a closing price above $50 per share.