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PPG INDUSTRIES INC — Director's Dealing 2004
Aug 3, 2004
30239_dirs_2004-08-03_5623bb75-c0d5-4b13-ae70-df74244ded77.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PPG INDUSTRIES INC (PPG)
CIK: 0000079879
Period of Report: 2004-07-30
Reporting Person: DIGGS JAMES C (Sr. Vice Pres. & Gen. Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2004-07-30 | Common Stock | M | 22000 | $52.125 | Acquired | 50970.1088 | Direct |
| 2004-07-30 | Common Stock | F | 20461 | $58.95 | Disposed | 30509.1088 | Direct |
| 2004-07-30 | Common Stock | M | 1763 | $52.813 | Acquired | 32272.1088 | Direct |
| 2004-07-30 | Common Stock | F | 1652 | $58.95 | Disposed | 30620.1088 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2004-07-30 | Employee Stock Option | $52.125 | M | 22000 | Disposed | 2009-02-16 | Common Stock (22000) | Direct |
| 2004-07-30 | Employee Stock Option | $58.95 | A | 20461 | Acquired | 2009-02-16 | Common Stock (20461) | Direct |
| 2004-07-30 | Employee Stock Option | $52.813 | M | 1763 | Disposed | 2010-02-15 | Common Stock (1763) | Direct |
| 2004-07-30 | Employee Stock Option | $58.95 | A | 1652 | Acquired | 2010-02-15 | Common Stock (1652) | Direct |
| 2004-07-30 | Phantom Stock Units | $ | A | 12.468 | Acquired | Common Stock (12.468) | Direct |
Footnotes
F1: Includes 7,684.895335 shares of PPG common stock held in the reporting person's account in the PPG Industries Employee Savings Plan as of July 30, 2004, and 846.2135 shares of PPG common stock held in the reporting person's account in the PPG Investor Services Program (a dividend reinvestment program) as of July 30, 2004.
F2: Right to buy granted under the PPG Industries, Inc. Stock Plan.
F3: The security converts to common stock on a one-for-one basis.
F4: Immediately
F5: After termination of employment with PPG.
F6: Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan.