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PPG INDUSTRIES INC — Director's Dealing 2016
Aug 8, 2016
30239_dirs_2016-08-08_812f54b1-a564-4ab7-b38d-2dc9d44c0407.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: 2016-08-04
Reporting Person: KNAVISH TIMOTHY M (Sr. VP, Automotive Coatings)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-08-04 | Common Stock | M | 1600 | $54.03 | Acquired | 11806 | Direct |
| 2016-08-04 | Common Stock | M | 7700 | $65.755 | Acquired | 19506 | Direct |
| 2016-08-04 | Common Stock | S | 9300 | $104.0786 | Disposed | 10206 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-08-04 | Employee Stock Options | $54.03 | M | 1600 | Disposed | 2022-07-31 | Common Stock (1600) | Direct |
| 2016-08-04 | Employee Stock Options | $65.755 | M | 7700 | Disposed | 2023-02-19 | Common Stock (7700) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4550.2264 | Indirect |
Footnotes
F1: This reflects the Company's two-for-one stock split of its common stock on June 12, 2015, effected in the form of a 100% stock dividend.
F2: This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $103.9500 to $104.2000 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 August 4, 2016.
F4: Right to buy granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan.