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PPG INDUSTRIES INC Director's Dealing 2006

Dec 6, 2006

30239_dirs_2006-12-06_32af9447-b71c-4818-8e86-941694edfe89.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: 2006-12-05

Reporting Person: BUNCH CHARLES E (Director, Chairman and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-12-05 Common Stock M 37668 $61.92 Acquired 130353.1658 Direct
2006-12-05 Common Stock F 36525 $66.36 Disposed 93828.1658 Direct
2006-12-05 Common Stock M 720 $61.92 Acquired 94548.1658 Direct
2006-12-05 Common Stock F 699 $66.36 Disposed 93849.1658 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2006-12-05 Employee Stock Option $61.92 M 37668 Disposed 2012-02-19 Common Stock (37668) Direct
2006-12-05 Employee Stock Option $66.36 A 36525 Acquired 2012-02-19 Common Stock (36525) Direct
2006-12-05 Employee Stock Option $61.92 M 720 Disposed 2011-02-13 Common Stock (720) Direct
2006-12-05 Employee Stock Option $66.36 A 699 Acquired 2011-02-13 Common Stock (699) Direct

Footnotes

F1: Includes 9180.1658 shares of PPG common stock held in the reporting person's account in the PPG Industries Employee Savings Plan as of the close of business on December 5, 2006.

F2: Right to buy granted under the PPG Industries, Inc. Stock Plan.