Ownership Submission

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 OF SECURITIES

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:

January 31, 2005

Estimated average burden hours per response...

0.5

(Print or Type Responses)

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 (Month/Day/Year)
07/29/2014

(Street)

TOLEDO, OH 43659

4. If Amendment, Date Original Filed (Month/Day/Year)

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 (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
$.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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	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 control number.		SEC 1474 (9-02)

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 (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

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
(Month/Day/Year)

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
McMonagle James J ONE OWENS CORNING PARKWAY TOLEDO, OH 43659	X

Signatures

Raj B. Dave, Attorney-in-Fact		02/14/2017
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(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.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.