Ronald C. Edmonds - 06 May 2021 Form 4 Insider Report for DOW INC. (DOW)

Role
Controller and Vice President
Signature
/s/ Ronald C. Edmonds
Issuer symbol
DOW
Transactions as of
06 May 2021
Net transactions value
-$1,266,328
Form type
4
Filing time
10 May 2021, 17:01:02 UTC
Next filing
07 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOW Common Stock Options Exercise $977,100 +30,000 +301% $32.57 39,979 06 May 2021 Direct
transaction DOW Common Stock Sale $2,050,500 -30,000 -75% $68.35 9,979 06 May 2021 Direct
transaction DOW Common Stock Options Exercise $680,876 +20,905 +209% $32.57 30,884 06 May 2021 Direct
transaction DOW Common Stock Disposed to Issuer $873,804 -12,768 -41% $68.44 18,116 06 May 2021 Direct F1, F2
holding DOW Common Stock 30 06 May 2021 By Trust
holding DOW Common Stock 33,033 06 May 2021 By Spouse Trust
holding DOW Common Stock 1,642 06 May 2021 By 401(k) Plan
holding DOW Common Stock 2,263 06 May 2021 By 401(k) Plan ESOP

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DOW Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -30,000 -59% $0.000000 20,905 06 May 2021 Common Stock 30,000 $32.57 Direct F3
transaction DOW Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -20,905 -100% $0.000000* 0 06 May 2021 Common Stock 20,905 $32.57 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares used to satisfy the exercise price and tax withholding of the Reporting Person upon exercise of options as required by the award agreement and exempt under Rule 16b-3. The net shares were not sold.
F2 The price is a weighted average sale price. The shares were sold in multiple transactions at prices ranging from $68.43 to $68.47. Reporting Person agrees to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 This option granted in February 2013 is fully vested and exercisable.