SEC Form 4 · accession 0001543047-16-000050
Owens Corning · OC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kelly Schmidt
Officer — Vice President, Controller
Period of report
Aug 23, 2016
Accepted (ET)
Aug 24, 2016 · 4:26 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 | Aug 23, 2016 | M | 3,300 | $34.31 | A | 12,534 | D | |
| $.01 Par Value CommonF1 | Aug 23, 2016 | M | 4,300 | $33.96 | A | 16,834 | D | |
| $.01 Par Value CommonF1 | Aug 23, 2016 | M | 5,600 | $33.73 | A | 22,434 | D | |
| $.01 Par Value CommonF2,F1 | Aug 23, 2016 | S | 13,200 | $54.41 | D | 9,234 | 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) | $34.31 | Aug 23, 2016 | M | 3,300 | D | May 17, 2014 | May 17, 2020 | $.01 Par Value Common | 3,300 | 0 | D |
| Option (right to purchase) | $33.96 | Aug 23, 2016 | M | 4,300 | D | Feb 2, 2015 | Feb 2, 2021 | $.01 Par Value Common | 4,300 | 0 | D |
| Option (right to purchase) | $33.73 | Aug 23, 2016 | M | 5,600 | D | Feb 1, 2016 | Feb 1, 2022 | $.01 Par Value Common | 5,600 | 0 | D |
Explanation of responses
- F1The total amount of holdings reflects an acquisition on May 31,2016 of 238 shares 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 $54.35 to $54.56, 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.