PPG INDUSTRIES INC — Director's Dealing 2017

Apr 21, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPG INDUSTRIES INC (PPG)
CIK: 0000079879
Period of Report: 2017-04-19

Reporting Person: Healey Melanie (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-04-19	Restricted Stock Units	$	M	933	Disposed		Common Stock (933)	Direct
2017-04-19	Phantom Stock Units	$	M	933	Acquired		Common Stock (933)	Direct
2017-04-20	Restricted Stock Units	$	A	1274	Acquired		Common Stock (1274)	Direct

Footnotes

F1: Upon the vesting of restricted stock units on April 19, 2017, which were granted to the reporting person on July 21, 2016, the reporting person deferred the receipt of 933 shares of common stock and received instead 933 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 933 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: Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan for Directors.

F5: Each restricted stock unit represents a contingent right to receive one share of PPG Common Stock.

F6: The restricted stock units vest on April 18, 2018.