SEC Form 4 · accession 0001209191-16-104271
PPG INDUSTRIES INC · PPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank S Sklarsky
Officer — Executive VP & CFO
Period of report
Feb 29, 2016
Accepted (ET)
Mar 2, 2016 · 12:40 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 29, 2016 | M | 10,000 | $0.00 | A | 24,467 | D | |
| Common Stock | Feb 29, 2016 | F | 5,184 | $96.53 | D | 19,283 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Feb 29, 2016 | M | 10,000 | D | — | — | Common Stock | 10,000 | 0 | D |
| Phantom Stock UnitsF2,F3,F4 | — | Feb 29, 2016 | A | 21 | A | — | — | Common Stock | 21 | 728 | D |
Explanation of responses
- F1Upon the vesting of restricted stock units on February 29, 2016, which were granted to the reporting person on April 15, 2013, the reporting person is reporting the acquisition of 10,000 shares of common stock.
- F2The security converts to common stock on a one-for-one basis.
- F3After termination of employment with PPG.
- F4Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan.