Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Chambers Brian
 2. Date of Event Requiring Statement (Month/Day/Year)
10/31/2014		 3. Issuer Name and Ticker or Trading Symbol
Owens Corning [OC]
(Last)
(First)
(Middle)
ONE OWENS CORNING PARKWAY		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, Roofing and Asphalt
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

TOLEDO, OH 43659		 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 Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
$.01 Par Value Common 21,207
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Option (right to purchase)   (1) 10/30/2016 $.01 Par Value Common 50,000 $ 30 D  
Option (right to purchase)   (2) 03/29/2021 $.01 Par Value Common 8,700 $ 34.94 D  
Option (right to purchase)   (3) 02/01/2022 $.01 Par Value Common 7,900 $ 33.73 D  
Option (right to purchase)   (4) 02/06/2023 $.01 Par Value Common 7,600 $ 42.16 D  
Option (right to purchase)   (5) 02/05/2024 $.01 Par Value Common 9,100 $ 37.65 D  
Performance Rights   (6) 04/15/2017 $.01 Par Value Common 3,000 $ 50 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Chambers Brian
ONE OWENS CORNING PARKWAY
TOLEDO, OH 43659		       President, Roofing and Asphalt  

Signatures

Raj B. Dave by POA filed herewith 11/05/2014
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) The option vested in one installment on October 30, 2009.
(2) The option vests in three installments: 50% on February 2, 2013, 25% on February 2, 2014 and 25% on February 2, 2015.
(3) The option vests in four equal installments which began on February 1, 2013.
(4) The option vests in four equal installments which began on February 6, 2014.
(5) The option vests in four equal installments beginning on February 5, 2015.
(6) Each performance right represents a contingent right to receive one share of Owens Corning common stock. The performance rights will vest on April 15, 2017 if Owens Corning's common stock achieves a closing market price above $50.00 during the vesting period.

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