Owens Corning — Director's Dealing 2016

Dec 13, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Owens Corning (OC)
CIK: 0001370946
Period of Report: 2016-12-09

Reporting Person: THAMAN MICHAEL H (Director, Chairman, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-05	$.01 Par Value Common	G	43615	$0.00	Disposed	693650.67	Direct
2016-12-09	$.01 Par Value Common	M	104310	$13.89	Acquired	797960.67	Direct
2016-12-09	$.01 Par Value Common	S	104310	$55.87	Disposed	693650.67	Direct
2016-12-12	$.01 Par Value Common	M	90913	$13.89	Acquired	784563.67	Direct
2016-12-12	$.01 Par Value Common	S	90913	$55.14	Disposed	693650.67	Direct
2016-12-13	$.01 Par Value Common	M	31177	$13.89	Acquired	724827.67	Direct
2016-12-13	$.01 Par Value Common	S	31177	$55.30	Disposed	693650.67	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-09	Option (right to purchase)	$13.89	M	104310	Disposed	2019-02-04	$.01 Par Value Common (104310)	Direct
2016-12-12	Option (right to purchase)	$13.89	M	90913	Disposed	2019-02-04	$.01 Par Value Common (90913)	Direct
2016-12-13	Option (right to purchase)	$13.89	M	31177	Disposed	2019-02-04	$.01 Par Value Common (31177)	Direct

Footnotes

F1: The $55.87 price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $55.49-$56.11, 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 this footnote.

F2: The $55.14 price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $54.82-$55.68, 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 this footnote.

F3: The $55.30 price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $55.03-$55.64, 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 this footnote.