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PPG INDUSTRIES INC — Director's Dealing 2020
Sep 1, 2020
30239_dirs_2020-09-01_31bd30ba-1f25-4071-be84-318fb84f44ad.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: 2020-08-31
Reporting Person: KNAVISH TIMOTHY M (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-08-31 | Common Stock | M | 6000 | $93.53 | Acquired | 20023 | Direct |
| 2020-08-31 | Common Stock | M | 9300 | $95.00 | Acquired | 29323 | Direct |
| 2020-08-31 | Common Stock | S | 15300 | $120.686 | Disposed | 14023 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-08-31 | Phantom Stock Units | $ | A | 14.0988 | Acquired | Common Stock (14.0988) | Direct | |
| 2020-08-31 | Employee Stock Options | $93.53 | M | 6000 | Disposed | 2021-02-18 | Common Stock (6000) | Direct |
| 2020-08-31 | Employee Stock Options | $95.00 | M | 9300 | Disposed | 2023-02-26 | Common Stock (9300) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4849.709 | Indirect |
Footnotes
F1: This total 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 $120.4800 to $121.0000 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 31, 2020.
F4: The security converts to common stock on a one-for-one basis.
F5: After termination of employment with PPG.
F6: Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan.