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PPG INDUSTRIES INC — Director's Dealing 2010
Aug 3, 2010
30239_dirs_2010-08-03_39fe63de-8c95-46d0-a901-2ee7a09e0237.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: 2010-07-31
Reporting Person: Alexander J Rich (Sr. Vice Pres., Perf. Coatings)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-08-02 | Common Stock | M | 5000 | $58.80 | Acquired | 39940 | Direct |
| 2010-08-02 | Common Stock | S | 5000 | $70.3543 | Disposed | 34940 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-07-31 | Phantom Stock Units | $ | A | 7.73 | Acquired | Common Stock (7.73) | Direct | |
| 2010-08-02 | Employee Stock Options | $58.80 | M | 5000 | Disposed | 2014-02-17 | Common Stock (5000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 9574.8505 | Indirect |
Footnotes
F1: This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $70.35 to $70.39 per share, inclusive. The reporting person will provide, upon request of the SEC staff, PPG or a shareholder of PPG, complete information regarding the number of shares sold at each price within the range.
F2: Total amount of shares held for the reporting person in the reporting person's account in the PPG Industries Employee Savings Plan as of August 2, 2010.
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: Right to buy granted under the PPG Industries, Inc. Stock Plan.