SEC Form 4 · accession 0001209191-16-100428
PPG INDUSTRIES INC · PPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Frank S Sklarsky
Officer — Executive VP & CFO
Period of report
Feb 17, 2016
Accepted (ET)
Feb 19, 2016 · 3:01 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 | 1,578 | $0.00 | A | 4,810 | D | |
| Common StockF2 | Feb 17, 2016 | A | 5,116 | $0.00 | A | 9,926 | D | |
| Common StockF3 | Feb 17, 2016 | A | 14,490 | $0.00 | A | 24,416 | D | |
| Common Stock | Feb 17, 2016 | F | 9,949 | $95.00 | D | 14,467 | D |
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 | $95.00 | Feb 17, 2016 | A | 35,425 | A | Feb 17, 2019 | Feb 16, 2026 | Common Stock | 35,425 | 35,425 | D |
Explanation of responses
- F1Bonus received in the form of common stock under the PPG Industries, Inc. Executive Officers' Incentive Compensation Plan.
- F2Settlement of 2013 total shareholder return contingent shares award.
- F3Settlement of 2013 restricted stock unit performance award.
- F4Right to buy granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan.