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PPG INDUSTRIES INC — Director's Dealing 2016
Jun 14, 2016
30239_dirs_2016-06-14_d14e1d8b-8635-4dd4-9f09-93c3954d3452.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: PPG INDUSTRIES INC (PPG)
CIK: 0000079879
Period of Report: 2016-04-20
Reporting Person: LAMACH MICHAEL W (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-04-20 | Restricted Stock Units | $ | M | 1092 | Disposed | Common Stock (1092) | Direct | |
| 2016-04-20 | Phantom Stock Units | $ | M | 1092 | Acquired | Common Stock (1092) | Direct |
Footnotes
F1: Upon the vesting of restricted stock units on April 20, 2016, which
which were granted to the reporting person on April 16, 2015, the reporting person deferred the receipt of 1,092 shares of common stock and received instead 1,092 shares of phantom stock pursuant to the PPG Industries, Inc. Deferred Compensation Plan for Directors. As a result, the reporting person is reporting the conversion of restricted stock units relating to 1,092 shares of common stock in exchange for an equal number of shares in phantom stock.
F2: The security converts to common stock on a one-for-one basis.
F3: After termination of service as a Director of PPG Industries, Inc.
F4: This amendment is being filed to correct the total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan for Directors as of the date of the transaction.