SEC Form 4 · accession 0001370946-15-000185
Owens Corning · OC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Chambers
Officer — President, Roofing and Asphalt
Period of report
Aug 17, 2015
Accepted (ET)
Aug 19, 2015 · 4:20 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 CommonF2 | Aug 17, 2015 | M | 50,000 | $30.00 | A | 76,851 | D | |
| $.01 Par Value CommonF2 | Aug 17, 2015 | S | 50,000 | $47.00 | D | 26,851 | 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) | $30.00 | Aug 17, 2015 | M | 50,000 | D | Oct 30, 2009 | Oct 30, 2016 | $.01 Par Value Common | 50,000 | 0 | D |
Explanation of responses
- F1The exercise of stock options and sale of resulting securities were affected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on April 27, 2015.
- F2The total amount of holdings reflects an acquisition on May 29, 2015 of 140 shares through the issuer's Employee Stock Purchase Plan which is exempt under Rule 16b-3(c).