Ronald C. Edmonds - May 6, 2021 Form 4 Insider Report for DOW INC. (DOW)

Role
Controller and Vice President
Signature
/s/ Ronald C. Edmonds
Stock symbol
DOW
Transactions as of
May 6, 2021
Transactions value $
-$1,266,328
Form type
4
Date filed
5/10/2021, 05:01 PM
Next filing
Dec 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOW Common Stock Options Exercise $977K +30K +300.63% $32.57 40K May 6, 2021 Direct
transaction DOW Common Stock Sale -$2.05M -30K -75.04% $68.35 9.98K May 6, 2021 Direct
transaction DOW Common Stock Options Exercise $681K +20.9K +209.49% $32.57 30.9K May 6, 2021 Direct
transaction DOW Common Stock Disposed to Issuer -$874K -12.8K -41.34% $68.44 18.1K May 6, 2021 Direct F1, F2
holding DOW Common Stock 30 May 6, 2021 By Trust
holding DOW Common Stock 33K May 6, 2021 By Spouse Trust
holding DOW Common Stock 1.64K May 6, 2021 By 401(k) Plan
holding DOW Common Stock 2.26K May 6, 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 -30K -58.93% $0.00 20.9K May 6, 2021 Common Stock 30K $32.57 Direct F3
transaction DOW Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -20.9K -100% $0.00* 0 May 6, 2021 Common Stock 20.9K $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.