SEC Form 4 · accession 0001209191-17-060607
Owens Corning · OC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ava Harter
Officer — Sr. VP & General Counsel
Period of report
Nov 10, 2017
Accepted (ET)
Nov 14, 2017 · 4:26 pm EST
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 CommonF1 | Nov 10, 2017 | S | 487 | $81.96 | D | 21,051 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2,F3 | — | Nov 10, 2017 | I | 87 | D | — | — | $.01 Par Value Common | 87 | 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 $81.96 - $82.01, 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.
- F2Each share of phantom stock is the economic equivalent of one share of Issuer common stock.
- F3Phantom stock acquired through Issuer's Deferred Compensation Plan to be paid out upon Reporting Person's separation or upon the earlier of Reporting Person's separation or December 15, 2018, based on Reporting Person's election.