SEC Form 4 · accession 0001209191-15-016622
PPG INDUSTRIES INC · PPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cynthia A Niekamp
Officer — Sr. VP, Automotive Coatings
Period of report
Feb 18, 2015
Accepted (ET)
Feb 20, 2015 · 3:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000079879
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 18, 2015 | A | 2,489 | $0.00 | A | 31,770 | D | |
| Common StockF1 | Feb 18, 2015 | A | 163 | $0.00 | A | 31,933 | D | |
| Common StockF2 | Feb 18, 2015 | A | 4,416 | $0.00 | A | 36,349 | D | |
| Common StockF2 | Feb 18, 2015 | A | 290 | $0.00 | A | 36,639 | D | |
| Common Stock | Feb 18, 2015 | F | 2,790 | $236.24 | D | 33,849 | D | |
| Common StockF3 | holding | — | — | — | 205 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionsF4 | $236.24 | Feb 18, 2015 | A | 4,942 | A | Feb 18, 2018 | Feb 17, 2025 | Common Stock | 4,942 | 4,942 | D |
| Phantom Stock UnitsF5,F6 | — | Feb 18, 2015 | A | 155 | A | — | — | Common Stock | 155 | 2,850 | D |
Explanation of responses
- F1Settlement of 2012 total shareholder return contingent shares award.
- F2Settlement of 2012 restricted stock unit performance award.
- F3Total amount of shares held for the reporting person in the reporting person's account in the PPG Industries Employee Savings Plan as of February 18, 2015.
- F4Right to buy granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan.
- F5The security converts to common stock on a one-for-one basis.
- F6After termination of employment with PPG.