SEC Form 4 · accession 0001209191-18-010797
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 14, 2018
Accepted (ET)
Feb 16, 2018 · 3:39 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 14, 2018 | A | 1,098 | $0.00 | A | 95,023 | D | |
| Common StockF2 | Feb 14, 2018 | A | 10,083 | $0.00 | A | 105,106 | D | |
| Common Stock | Feb 14, 2018 | F | 3,585 | $116.32 | D | 101,521 | D | |
| Common StockF3 | holding | — | — | — | 14,333 | 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 | $116.32 | Feb 14, 2018 | A | 105,057 | A | Feb 14, 2021 | Feb 13, 2028 | Common Stock | 105,057 | 105,057 | D |
Explanation of responses
- F1Settlement of 2015 total shareholder return contingent shares award.
- F2Settlement of 2015 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 14, 2018.
- F4Right to buy granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan.