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PPG INDUSTRIES INC — Director's Dealing 2012
Feb 22, 2012
30239_dirs_2012-02-22_2a53fe4e-5139-43a1-9b57-949592cbc7f7.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: 2012-02-21
Reporting Person: Alexander J Rich (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-02-21 | Common Stock | M | 23000 | $34.09 | Acquired | 72930 | Direct |
| 2012-02-21 | Common Stock | S | 23000 | $91.7849 | Disposed | 49930 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-02-21 | Employee Stock Options | $34.09 | M | 23000 | Disposed | 2019-02-17 | Common Stock (23000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 19.2982 | 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 $91.48 to $91.99 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 February 21, 2012.
F3: Right to buy granted under the PPG Industries, Inc. Omnibus Incentive Plan.