SEC Form 4 · accession 0001370946-15-000212
Owens Corning · OC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel T Smith
Officer — Sr. VP Organization & Adm.
Period of report
Oct 28, 2015
Accepted (ET)
Oct 30, 2015 · 4:11 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 CommonF1 | Oct 28, 2015 | M | 15,200 | $23.65 | A | 66,798 | D | |
| $.01 Par Value CommonF1 | Oct 28, 2015 | M | 17,900 | $25.45 | A | 84,698 | D | |
| $.01 Par Value CommonF2,F1 | Oct 28, 2015 | S | 33,100 | $46.19 | D | 51,598 | 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) | $23.65 | Oct 28, 2015 | M | 15,200 | D | Sep 14, 2013 | Sep 14, 2019 | $.01 Par Value Common | 15,200 | 0 | D |
| Option (right to purchase) | $25.45 | Oct 28, 2015 | M | 17,900 | D | Feb 3, 2014 | Feb 3, 2020 | $.01 Par Value Common | 17,900 | 0 | D |
Explanation of responses
- F1The total amount of holdings reflects 336 shares acquired on May 29, 2015 through the issuer's Employee Stock Purchase Plan which is exempt under Rule 16b-3(c).
- F2The price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $46.13 to $46.29, 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 theis footnote.