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PPG INDUSTRIES INC — Director's Dealing 2017
Mar 2, 2017
30239_dirs_2017-03-02_dc630e2d-b6b9-4799-824e-e0fd575a87a6.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: 2017-02-28
Reporting Person: Sklarsky Frank S (Executive VP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-28 | Common Stock | M | 10000 | $0.00 | Acquired | 32873 | Direct |
| 2017-02-28 | Common Stock | F | 6249 | $102.43 | Disposed | 26624 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-28 | Restricted Stock Units | $ | M | 10000 | Disposed | Common Stock (10000) | Direct | |
| 2017-02-28 | Phantom Stock Units | $ | A | 20.9802 | Acquired | Common Stock (20.9802) | Direct | |
| 2017-03-01 | Restricted Stock Units | $ | D | 14000 | Disposed | Common Stock (14000) | Direct |
Footnotes
F1: Upon the vesting of restricted stock units on February 28, 2017, which were granted to the reporting person on April 15, 2013, the reporting person is reporting the acquisition of 10,000 shares of common stock.
F2: The security converts to common stock on a one-for-one basis.
F3: After termination of employment with PPG.
F4: Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan.
F5: Represents forfeiture of restricted stock units granted on April 15, 2013 in connection with the reporting person's resignation as an officer of the company effective March 1, 2017.