PPG INDUSTRIES INC — Director's Dealing 2013

Feb 22, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPG INDUSTRIES INC (PPG)
CIK: 0000079879
Period of Report: 2013-01-31

Reporting Person: SEKMAKAS VIKTORAS R (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-01-31	Common Stock	I	633.9415	$0.00	Disposed	3615.7635	Indirect
2013-02-20	Common Stock	A	2750	$0.00	Acquired	18189	Direct
2013-02-20	Common Stock	A	4500	$0.00	Acquired	22689	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-02-20	Employee Stock Options	$131.51	A	15225	Acquired	2023-02-19	Common Stock (15225)	Direct

Footnotes

F1: The reporting person tendered 4231.6251 shares of common stock of PPG Industries, Inc. ("PPG") in an exchange offer commenced by PPG on December 27, 2012 in exchange for 3.2562 shares of common stock of Eagle Spinco Inc. ("Splitco") per share of PPG stock tendered, which is adjusted by a proration factor. On January 31, 2013, PPG announced a final proration factor of 14.986286% for the exchange offer. In connection with the previously announced merger of a wholly owned subsidiary of Axiall Corporation with Splitco, each share of Splitco common stock received by the reporting person in the exchange offer converted automatically into one share of Axiall Corporation common stock.

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 20, 2013.

F3: Settlement of 2010 total shareholder return contingent shares awards.

F4: Settlement of 2010 restricted stock unit performance awards.

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