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PPG INDUSTRIES INC — Director's Dealing 2017
Feb 17, 2017
30239_dirs_2017-02-17_d8f28f7b-2945-4098-9551-d1df59ce649b.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: 2017-02-15
Reporting Person: KNAVISH TIMOTHY M (Sr. VP, Automotive Coatings)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-15 | Common Stock | A | 299 | $0.00 | Acquired | 10505 | Direct |
| 2017-02-15 | Common Stock | F | 114 | $101.50 | Disposed | 10391 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-15 | Employee Stock Options | $101.50 | A | 11032 | Acquired | 2027-02-14 | Common Stock (11032) | Direct |
| 2017-02-15 | Phantom Stock Units | $ | A | 2085 | Acquired | Common Stock (2085) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4587.313 | Indirect |
Footnotes
F1: Settlement of 2014 total shareholder return contingent shares award.
F2: Total amount of shares held for the reporting person's account in the PPG Industries Employee Savings Plan as of February 15, 2017.
F3: Right to buy granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan.
F4: Upon the settlement of the 2014 restricted stock unit performance award, the reporting person deferred the receipt of 2,085 shares of common stock and received instead 2,085 phantom stock units pursuant to the PPG Industries, Inc. Deferred Compensation Plan.
F5: The security converts to common stock on a one-for-one basis.
F6: After termination of employment with PPG.
F7: Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan.