SEC Form 4 · accession 0001209191-16-100407
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 17, 2016
Accepted (ET)
Feb 19, 2016 · 2:29 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 17, 2016 | A | 2,215 | $0.00 | A | 62,713 | D | |
| Common StockF2 | Feb 17, 2016 | A | 6,272 | $0.00 | A | 68,985 | D | |
| Common Stock | Feb 17, 2016 | F | 2,695 | $95.00 | D | 66,290 | D | |
| Common StockF3 | holding | — | — | — | 416 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF4,F5 | — | Feb 17, 2016 | A | 183 | A | — | — | Common Stock | 183 | 6,579 | D |
Explanation of responses
- F1Settlement of 2013 total shareholder return contingent shares award.
- F2Settlement of 2013 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 17, 2016.
- F4The security converts to common stock on a one-for-one basis.
- F5After termination of employment with PPG.