SEC Form 4 · accession 0001209191-15-053185
PPG INDUSTRIES INC · PPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John V Faraci
Director
Period of report
Jun 12, 2015
Accepted (ET)
Jun 15, 2015 · 3:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000079879
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF2,F4,F1,F3 | — | Jun 12, 2015 | A | 10 | A | — | — | Common Stock | 10 | 2,581 | D |
Explanation of responses
- F1The security converts to common stock on a one-for-one basis.
- F2Reflects deferral of the cash dividend paid on June 12, 2015. After the payment of the cash dividend on June 12, 2015, the Company completed a two-for-one stock split of its common stock, effected in the form of a 100% stock dividend.
- F3After termination of service as a Director of PPG Industries, Inc.
- F4Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan for Directors.