SEC Form 4 · accession 0001209191-17-052877
Owens Corning · OC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael H Thaman
Officer — Chairman, President and CEO · Director
Period of report
Sep 13, 2017
Accepted (ET)
Sep 14, 2017 · 8:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001370946
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| $.01 Par Value Common | Sep 13, 2017 | M | 109,000 | $25.45 | A | 847,992 | D | |
| $.01 Par Value CommonF1 | Sep 13, 2017 | S | 109,000 | $74.91 | D | 738,992 | D | |
| $.01 Par Value Common | Sep 14, 2017 | M | 21,700 | $25.45 | A | 760,692 | D | |
| $.01 Par Value CommonF2 | Sep 14, 2017 | S | 21,700 | $75.13 | D | 738,992 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to purchase) | $25.45 | Sep 13, 2017 | M | 109,000 | D | Feb 3, 2014 | Feb 3, 2020 | $.01 Par Value Common | 109,000 | 21,700 | D |
| Option (right to purchase) | $25.45 | Sep 14, 2017 | M | 21,700 | D | Feb 3, 2014 | Feb 3, 2020 | $.01 Par Value Common | 21,700 | 0 | D |
Explanation of responses
- F1The price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $74.65 - $75.22, 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.
- F2The price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $74.52 - $75.40, 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.