PPG INDUSTRIES INC — Director's Dealing 2011

Apr 28, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPG INDUSTRIES INC (PPG)
CIK: 0000079879
Period of Report: 2011-04-26

Reporting Person: ELIAS RICHARD C (Sr. VP, Optical & SpecMatls)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-26	Common Stock	M	5300	$71.88	Acquired	15398.3772	Direct
2011-04-26	Common Stock	M	5200	$63.69	Acquired	20598.3772	Direct
2011-04-26	Common Stock	S	10500	$93.7928	Disposed	10098.3772	Direct
2011-04-28	Common Stock	G	3733.763	$0.00	Disposed	6364.6142	Direct
2011-04-28	Common Stock	G	3733.763	$0.00	Acquired	3733.763	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-04-26	Employee Stock Options	$71.88	M	5300	Disposed	2015-02-15	Common Stock (5300)	Direct
2011-04-26	Employee Stock Options	$63.69	M	5200	Disposed	2018-02-19	Common Stock (5200)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12561.9647	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 $93.56 to $94.03 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 transaction involved a gift of securities by the reporting person to his spouse.

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 April 26, 2011.

F4: Right to buy granted under the PPG Industries, Inc. Stock Plan.

F5: Right to buy granted under the PPG Industries, Inc. Omnibus Incentive Plan.