SEC Form 4 · accession 0001209191-16-100429
PPG INDUSTRIES INC · PPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael H McGarry
Officer — President & CEO · Director
Period of report
Feb 17, 2016
Accepted (ET)
Feb 19, 2016 · 3:05 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 | 4,258 | $0.00 | A | 82,778 | D | |
| Common StockF2 | Feb 17, 2016 | A | 12,064 | $0.00 | A | 94,842 | D | |
| Common Stock | Feb 17, 2016 | F | 5,996 | $95.00 | D | 88,846 | D | |
| Common StockF3 | holding | — | — | — | 13,967 | 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 | $95.00 | Feb 17, 2016 | A | 111,867 | A | Feb 17, 2019 | Feb 16, 2026 | Common Stock | 111,867 | 111,867 | 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's account in the PPG Industries Employee Savings Plan as of February 17, 2016.
- F4Right to buy granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan.