SEC Form 4 · accession 0001209191-15-017709
PPG INDUSTRIES INC · PPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenn E Bost II
Officer — Sr. VP & Gen. Counsel
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 4:02 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 Stock | Feb 20, 2015 | M | 14,527 | $89.94 | A | 36,365 | D | |
| Common StockF1 | Feb 20, 2015 | S | 5,800 | $232.7166 | D | 30,565 | D | |
| Common StockF2 | Feb 20, 2015 | S | 6,700 | $233.6368 | D | 23,865 | D | |
| Common StockF3 | Feb 20, 2015 | S | 7,197 | $234.7164 | D | 16,668 | D | |
| Common StockF4 | Feb 20, 2015 | S | 200 | $235.2225 | D | 16,468 | D | |
| Common StockF5 | holding | — | — | — | 2,867 | 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 OptionF6 | $89.94 | Feb 20, 2015 | M | 14,527 | D | Feb 15, 2015 | Feb 14, 2022 | Common Stock | 14,527 | 0 | D |
Explanation of responses
- F1This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $232.1750 to $233.1400 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.
- F2This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $233.1800 to $234.1500 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.
- F3This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $234.2000 to $235.1800 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.
- F4This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $235.2050 to $235.2400 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.
- F5Total amount of shares held for the reporting person in the reporting person's account in the PPG Industries Employee Savings Plan as of February 20, 2015.
- F6Right to buy granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan.