PPG INDUSTRIES INC — Director's Dealing 2012

Jul 25, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPG INDUSTRIES INC (PPG)
CIK: 0000079879
Period of Report: 2012-07-23

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-07-23	Common Stock	M	40000	$71.88	Acquired	325465	Direct
2012-07-23	Common Stock	M	40000	$63.01	Acquired	365465	Direct
2012-07-23	Common Stock	M	80000	$59.63	Acquired	445465	Direct
2012-07-23	Common Stock	S	52274	$110.99	Disposed	393191	Direct
2012-07-23	Common Stock	S	107726	$111.88	Disposed	285465	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-07-23	Employee Stock Option	$71.88	M	40000	Disposed	2015-02-15	Common Stock (40000)	Direct
2012-07-23	Employee Stock Options	$63.01	M	40000	Disposed	2015-06-30	Common Stock (40000)	Direct
2012-07-23	Employee Stock Options	$59.63	M	80000	Disposed	2016-02-14	Common Stock (80000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11611	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 $110.440 to $111.438 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 $111.4425 to $112.4000 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 July 23, 2012.

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