SEC Form 4 · accession 0001209191-17-048721
PPG INDUSTRIES INC · PPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenn E Bost II
Officer — Sr. VP & Gen. Counsel
Period of report
Aug 11, 2017
Accepted (ET)
Aug 14, 2017 · 2:14 pm EDT
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 | Aug 11, 2017 | M | 15,488 | $93.53 | A | 52,748 | D | |
| Common StockF1 | Aug 11, 2017 | S | 19,812 | $100.7965 | D | 32,936 | D | |
| Common StockF2 | holding | — | — | — | 21 | 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 OptionF3 | $93.53 | Aug 11, 2017 | M | 15,488 | D | Feb 19, 2017 | Feb 18, 2024 | Common Stock | 15,488 | 0 | D |
Explanation of responses
- F1This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $100.49 to $101.05 per share, inclusive. The reporting person will provide, upon request of the SEC staff, PPG or a shareholder of PPG, complete information regarding the number of shares sold at each price within the range.
- F2Total amount of shares held for the reporting person in the reporting person's account in the PPG Industries Employee Savings Plan as of August 11, 2017.
- F3Right to buy granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan.