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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.