SEC Form 4 · accession 0001209191-17-011868
PPG INDUSTRIES INC · PPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael H McGarry
Officer — Chairman of the Board and CEO · Director
Period of report
Feb 15, 2017
Accepted (ET)
Feb 17, 2017 · 11:20 am 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 Stock | Feb 9, 2017 | G | 932 | $0.00 | D | 67,194 | D | |
| Common StockF1 | Feb 15, 2017 | A | 1,539 | $0.00 | A | 68,733 | D | |
| Common StockF2 | Feb 15, 2017 | A | 11,211 | $0.00 | A | 79,944 | D | |
| Common Stock | Feb 15, 2017 | F | 4,453 | $101.50 | D | 75,491 | D | |
| Common StockF3 | holding | — | — | — | 14,151 | 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 | $101.50 | Feb 15, 2017 | A | 118,204 | A | Feb 15, 2020 | Feb 14, 2027 | Common Stock | 118,204 | 118,204 | D |
Explanation of responses
- F1Settlement of 2014 total shareholder return contingent shares award.
- F2Settlement of 2014 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 15, 2017.
- F4Right to buy granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan.