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PPG INDUSTRIES INC — Director's Dealing 2011
Nov 1, 2011
30239_dirs_2011-11-01_4dd56ebb-a54f-41f0-b46a-014ab0dbcd24.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: 2011-10-31
Reporting Person: BUNCH CHARLES E (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-10-31 | Common Stock | M | 60000 | $58.80 | Acquired | 279224 | Direct |
| 2011-10-31 | Common Stock | S | 43723 | $87.1729 | Disposed | 235501 | Direct |
| 2011-10-31 | Common Stock | S | 14507 | $87.583 | Disposed | 220994 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-10-31 | Employee Stock Option | $58.80 | M | 60000 | Disposed | 2014-02-17 | Common Stock (60000) | Direct |
| 2011-10-31 | Phantom Stock Units | $ | A | 33.41 | Acquired | Common Stock (33.41) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 11461.387 | 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 $86.4900 to $87.4850 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: This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $87.4900 to $87.7300 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.
F3: Total amount of shares held for the reporting person in the reporting person's account in the PPG Industries Employee Savings Plan as of October 31, 2011.
F4: Right to buy granted under the PPG Industries, Inc. Stock Plan.
F5: The security converts to common stock on a one-for-one basis.
F6: After termination of employment with PPG.
F7: Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan.