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PPG INDUSTRIES INC — Director's Dealing 2005
Jan 25, 2005
30239_dirs_2005-01-25_a1f6c0c3-cab6-4165-bd6f-eb77c966d4e9.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: 2005-01-24
Reporting Person: DIGGS JAMES C (Sr. V P , Gen. Counsel & Sec.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2005-01-24 | Common Stock | M | 35000 | $47.89 | Acquired | 58380.717 | Direct |
| 2005-01-24 | Common Stock | S | 35000 | $67.1345 | Disposed | 23380.717 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2005-01-24 | Employee Stock Option | $47.89 | M | 35000 | Disposed | 2013-02-18 | Common Stock (35000) | Direct |
Footnotes
F1: Includes 1,178.8892 shares of PPG common stock held in the reporting person's account in the PPG Investor Services Program (a dividend reinvestment program) as of
December 31, 2004, and 112.827758 shares of PPG common stock held in the reporting person's account in the PPG Industries Employee Savings Plan as of
December 31, 2004.
F2: The 35,000 shares of stock of PPG Industries, Inc. were sold at an average price of $67.134545 per share.
F3: Right to buy granted under the PPG Industries, Inc. Stock Plan.
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