PPG INDUSTRIES INC — Director's Dealing 2013

Oct 23, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPG INDUSTRIES INC (PPG)
CIK: 0000079879
Period of Report: 2013-10-21

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-10-21	Common Stock	M	85000	$34.09	Acquired	421893	Direct
2013-10-21	Common Stock	S	54609	$176.04	Disposed	367284	Direct
2013-10-21	Common Stock	S	30391	$176.45	Disposed	336893	Direct
2013-10-22	Common Stock	M	55000	$34.09	Acquired	391893	Direct
2013-10-22	Common Stock	S	1200	$177.16	Disposed	390693	Direct
2013-10-22	Common Stock	S	34346	$178.31	Disposed	356347	Direct
2013-10-22	Common Stock	S	19454	$179.20	Disposed	336893	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-10-21	Employee Stock Option	$34.09	M	85000	Disposed	2019-02-17	Common Stock (85000)	Direct
2013-10-22	Employee Stock Options	$34.09	M	55000	Disposed	2019-02-17	Common Stock (55000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11759.8814	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 $175.3600 to $176.3600 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 $176.3650 to $176.5200 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: This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $176.5100 to $177.3900 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.

F4: This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $177.6700 to $178.6450 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.

F5: This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $178.7200 to $179.6800 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.

F6: 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 22, 2013.

F7: Right to buy granted under the PPG Industries, Inc. Omnibus Incentive Plan.