PPG INDUSTRIES INC — Director's Dealing 2014

Jul 23, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPG INDUSTRIES INC (PPG)
CIK: 0000079879
Period of Report: 2014-07-21

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-21	Common Stock	M	47700	$88.70	Acquired	421878	Direct
2014-07-21	Common Stock	S	43400	$208.7533	Disposed	378478	Direct
2014-07-21	Common Stock	S	4300	$209.3715	Disposed	374178	Direct
2014-07-22	Common Stock	M	47700	$88.70	Acquired	421878	Direct
2014-07-22	Common Stock	S	21643	$209.7803	Disposed	400235	Direct
2014-07-22	Common Stock	S	26057	$210.3848	Disposed	374178	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-07-21	Employee Stock Options	$88.70	M	47700	Disposed	2021-02-15	Common Stock (47700)	Direct
2014-07-22	Employee Stock Options	$88.70	M	47700	Disposed	2021-02-15	Common Stock (47700)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11835.9626	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 $208.2400 to $209.2400 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 $209.3100 to $209.6450 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.

F3: This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $209.0500 to $210.0500 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 $210.0800 to $211.0400 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: 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 22, 2014.

F6: Right to buy granted under the PPG Industries, Inc. Omnibus Incentive Plan.