Howard I. Ungerleider - May 10, 2021 Form 4 Insider Report for DOW INC. (DOW)

Role
President and CFO
Signature
/s/ Howard I. Ungerleider
Stock symbol
DOW
Transactions as of
May 10, 2021
Transactions value $
-$1,672,767
Form type
4
Date filed
5/11/2021, 05:11 PM
Next filing
Nov 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOW Common Stock Options Exercise $3.39M +104K +98.52% $32.57 210K May 10, 2021 Direct
transaction DOW Common Stock Disposed to Issuer -$5.06M -72.9K -34.77% $69.43 137K May 10, 2021 Direct F1, F2
transaction DOW Common Stock Gift $0 -31.2K -22.78% $0.00 106K May 10, 2021 Direct
transaction DOW Common Stock Gift $0 +31.2K +30.32% $0.00 134K May 10, 2021 By Trust
holding DOW Common Stock 922 May 10, 2021 By 401(k) Plan ESOP
holding DOW Common Stock 283 May 10, 2021 By 401(k) Plan

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 -104K -50% $0.00 104K May 10, 2021 Common Stock 104K $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 $69.40 to $69.51. 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, and expiring on February 15, 2023, is fully vested and exercisable.