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PPG PPG Industries Inc

129.75
0.52 (0.40%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
PPG Industries Inc NYSE:PPG NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.52 0.40% 129.75 130.96 129.00 129.69 1,370,847 01:00:00

Statement of Changes in Beneficial Ownership (4)

14/08/2017 7:15pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

BOST GLENN E II
2. Issuer Name and Ticker or Trading Symbol

PPG INDUSTRIES INC [ PPG ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Sr. VP & Gen. Counsel
(Last)          (First)          (Middle)

PPG INDUSTRIES, INC., ONE PPG PLACE
3. Date of Earliest Transaction (MM/DD/YYYY)

8/11/2017
(Street)

PITTSBURGH, PA 15272
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   8/11/2017     M    15488   A $93.53   52748   D    
Common Stock   8/11/2017     S    19812   D $100.7965   (1) 32936   D    
Common Stock                  21.134   (2) I   By 401(k) Plan  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option   (3) $93.53   8/11/2017     M         15488    2/19/2017   2/18/2024   Common Stock   15488   $0.00   0   D    

Explanation of Responses:
(1)  This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $100.49 to $101.05 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.
(2)  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 11, 2017.
(3)  Right to buy granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
BOST GLENN E II
PPG INDUSTRIES, INC.
ONE PPG PLACE
PITTSBURGH, PA 15272


Sr. VP & Gen. Counsel

Signatures
/s/ Greg E. Gordon, Attorney-in-Fact for Glenn E. Bost II 8/14/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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