Sec Form 4 Filing - McMonagle James J @ Owens Corning - 2014-07-29

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
McMonagle James J
2. Issuer Name and Ticker or Trading Symbol
Owens Corning [ OC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
ONE OWENS CORNING PARKWAY
3. Date of Earliest Transaction (MM/DD/YY)
07/29/2014
(Street)
TOLEDO, OH43659
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
$.01 Par Value Common 07/29/2014 P 88.668 ( 1 ) A $ 35.37 50,880.899 D
$.01 Par Value Common 07/29/2014 P 26.858 ( 1 ) A $ 35.22 50,907.757 D
$.01 Par Value Common 11/04/2014 P 127.986 ( 1 ) A $ 32.07 51,035.743 D
$.01 Par Value Common 01/20/2015 P 109.169 ( 1 ) ( 2 ) A $ 37.78 51,144.912 D
$.01 Par Value Common 04/02/2015 P 104.269 ( 1 ) A $ 42.21 51,249.181 D
$.01 Par Value Common 08/04/2015 P 79.82 ( 1 ) A $ 44.71 51,329.001 D
$.01 Par Value Common 11/03/2015 P 78.258 ( 1 ) A $ 45.78 51,407.259 D
$.01 Par Value Common 01/19/2016 P 82.354 ( 1 ) A $ 42.8 51,489.613 D
$.01 Par Value Common 04/04/2016 P 78.384 ( 1 ) ( 3 ) A $ 47.63 51,567.997 D
$.01 Par Value Common 08/02/2016 P 50.483 ( 1 ) A $ 54.13 51,618.48 D
$.01 Par Value Common 11/02/2016 P 21.068 ( 1 ) ( 4 ) A $ 48.8019 51,639.065 ( 5 ) D
$.01 Par Value Common 02/10/2017 A 577 ( 6 ) A $ 0 52,216.065 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
McMonagle James J
ONE OWENS CORNING PARKWAY
TOLEDO, OH43659
X
Signatures
Raj B. Dave, Attorney-in-Fact 02/14/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Consists of shares purchased through broker-administered dividend reinvestments previously unreported due to inadequate notice from the brokers.
( 2 )The Reporting Person's purchase of these shares was matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended ("Section 16(b)"), to the extent of 109.169 shares, with the Reporting Person's sale of 109.169 shares at a price of $40.20 per share on May 21, 2015. The Reporting Person has paid the Issuer by check $264.19, representing the full amount of the profit deemed realized in connection with the short-swing transaction.
( 3 )The Reporting Person's purchase of these shares was matchable under Section 16(b) to the extent of 78.384 shares, with the Reporting Person's sale of 78.384 shares at a price of $53.90 per share on August 8, 2016. The Reporting Person has paid the Issuer by check $491.47, representing the full amount of the profit deemed realized in connection with the short-swing transaction.
( 4 )The Reporting Person's purchase of these shares was matchable under Section 16(b) to the extent of 21.068 shares, with the Reporting Person's sale of 21.068 shares at a price of $53.90 per share on August 8, 2016. The Reporting Person has paid the Issuer by check $107.41, representing the full amount of the profit deemed realized in connection with the short-swing transaction.
( 5 )The total amount does not include 0.483 fractional shares that were cashed out during a previous transaction.
( 6 )Deferred share portion of fourth quarter 2016 quarterly Director retainer/fees.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.