PPG INDUSTRIES INC — Director's Dealing 2009

Feb 20, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPG INDUSTRIES INC (PPG)
CIK: 0000079879
Period of Report: 2009-02-18

Reporting Person: HOLT VICTORIA M (Sr. VP, Glass & Fiber Glass)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-02-18	Employee Stock Option	$34.09	A	14000	Acquired	2019-02-17	Common Stock (14000)	Direct
2009-02-18	Phantom Stock Units	$	A	1067	Acquired		Common Stock (1067)	Direct
2009-02-18	Phantom Stock Units	$	A	5250	Acquired		Common Stock (5250)	Direct

Footnotes

F1: Right to buy granted under the PPG Industries, Inc. Omnibus Incentive Plan.

F2: Upon the settlement of the 2006 total shareholder return contingent shares award, the reporting person deferred the receipt of 1,067 shares of common stock and received instead 1,067 phantom stock units pursuant to the PPG Industries, Inc. Deferred Compensation Plan.

F3: The security converts to common stock on a one-for-one basis.

F4: After termination of employment with PPG.

F5: Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan.

F6: Upon the settlement of the 2006 restricted stock unit performance award, the reporting person deferred the receipt of 5,250 shares of common stock and received instead 5,250 phantom stock units pursuant to the PPG Industries, Inc. Deferred Compensation Plan.