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CURRARINO MOYANO GIANCARLO filed this Form 3 on 05/18/2017
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SEC FORM 3 SEC Form 3
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
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Currarino Moyano Giancarlo

(Last) (First) (Middle)
ONE MICHAEL OWENS WAY

(Street)
PERRYSBURG OH 43551

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
05/11/2017
3. Issuer Name and Ticker or Trading Symbol
OWENS ILLINOIS INC /DE/ [ OI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Chief Tech & SC Officer
5. If Amendment, Date of 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
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)
Common Stock (Direct) 22,946 D
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: 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
Stock Option 03/07/2015 $23.99 03/07/2016(1) 03/07/2022 Common Stock (Direct) 14,169 23.99 D
Stock Option 03/07/2016 $15.05 03/07/2017(1) 03/07/2023 Common Stock (Direct) 16,942 15.05 D
Stock Option 09/01/16 $17.78 09/01/2017(1) 09/01/2023 Common Stock (Direct) 4,417 17.78 D
Stock Option 3/07/11 $29.89 03/07/2012(1) 03/07/2018 Common Stock (Direct) 436 29.89 D
Stock Option 3/07/12 $22.69 03/07/2013(1) 03/07/2019 Common Stock (Direct) 3,322 22.69 D
Stock Option 3/07/2013 $26.07 03/07/2014(1) 03/07/2020 Common Stock (Direct) 5,301 26.07 D
Stock Option 3/07/2014 $33.62 03/07/2015(1) 03/07/2021 Common Stock (Direct) 7,502 33.62 D
Explanation of Responses:
1. The options vest in four equal annual installments beginning on the first anniversary of the date of grant.
Remarks:
See Exhibit 24 - Power of Attorney
/s/Mary Beth Wilkinson, attorney-in-fact 05/18/2017
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.
POWER OF ATTORNEY
        Know all by these presents, that the undersigned hereby constitutes*
and appoints each of Mary Beth Wilkinson and Darrow Abrahams signing
singly, the undersigned's true and lawful attorney-in-fact to: 
(1) execute for and on behalf of the undersigned, in the undersigned's*
capacity as an officer and-or director of Owens-Illinois, Inc.*
(the "Company"), Forms 3, 4 and 5 in accordance with Section 16(a)*
of the Securities Exchange Act of 1934 and the rules thereunder;
(2) do and perform any and all acts for and on behalf of the undersigned*
which may be necessary or desirable to complete and execute any such Form*
3, 4 and 5 and timely file such form with the United Sates Securities and*
Exchange Commission and any stock exchange or similar authority; and 
(3) take any action of any type whatsoever in connection with the foregoing*
which, in the opinion of such attorney-in-fact, may be of benefit to, in*
the best interest of, or legally required by, the undersigned, it being*
understood that the documents executed by each such attorney-in-fact on*
behalf of the undersigned pursuant to this Power of Attorney shall be in*
such form and shall contain such terms and conditions*
as each such attorney-in-fact may approve in each such
 attorney-in-fact's*
discretion.
The undersigned hereby grants to each such attorney-in-fact full power*
and authority to do and perform any and every act and thing whatsoever*
requisite, necessary, or proper to be done in the exercise of any of the*
rights and powers herein granted, as fully to all intents and purposes as*
the undersigned might or could do*
if personally present, with full power of substitution or revocation,*
hereby ratifying and confirming all that each such attorney-in-fact,*
or each such attorney-in-fact's substitute or substitutes, shall lawfully*
do or cause to be done by virtue of this Power of Attorney and the*
rights and powers herein granted.  The undersigned acknowledges that the*
foregoing attorneys-in-fact, in serving in such capacity at the request*
of the undersigned, are not assuming, nor is the Company assuming, any of*
the undersigned's responsibilities to comply with Section 16 of the*
Securities Exchange Act of 1934. 
This Power of Attorney shall remain in full force and effect until the*
undersigned is no longer required to file Forms 3, 4 and 5 with respect*
to the undersigned's holdings of, and transactions in, securities*
issued by the Company, unless earlier revoked by the undersigned in a*
signed writing delivered to the foregoing attorneys-in-fact. 
IN WITNESS WEREOF the undersigned has caused this Power of Attorney*
to be executed
as of this 4th day of May, 2017. 

/s/ Giancarlo Currarino Moyano

Print Name:  Giancarlo Currarino Moyano
 




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