Karen S. Carter - Feb 9, 2023 Form 4 Insider Report for DOW INC. (DOW)

Role
President, Pkg & Spec Plastics
Signature
/s/ Karen S. Carter
Stock symbol
DOW
Transactions as of
Feb 9, 2023
Transactions value $
$0
Form type
4
Date filed
2/13/2023, 08:12 PM
Previous filing
Nov 4, 2022
Next filing
Feb 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOW Common Stock Award $0 +5.9K +5.49% $0.00 113K Feb 9, 2023 Direct F1, F2
holding DOW Common Stock 314 Feb 9, 2023 By 401(k) Plan ESOP
holding DOW Common Stock 738 Feb 9, 2023 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) Award $0 +38.3K $0.00 38.3K Feb 9, 2023 Common Stock 38.3K $59.08 Direct F3
holding DOW Phantom Stock Units 5.12K Feb 9, 2023 Common Stock 5.12K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units to be delivered in one installment on or about February 9, 2026, subject to continued employment.
F2 Total includes previously reported restricted stock units.
F3 This option will vest in three equal installments beginning on February 9, 2024. Option shares will be used to satisfy withholding taxes.
F4 There is generally no conversion price for these phantom stock units. Each phantom stock unit is the equivalent of one share of common stock of the Issuer.
F5 Phantom stock units accrue under a compensation deferral election. Phantom stock units are payable in cash in lump sum or installments at the election of the Reporting Person, and do not carry an exercisable date or expiration date.