SEC Form 4 · accession 0001209191-18-039569
PPG INDUSTRIES INC · PPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rebecca B. Liebert
Officer — Sr. VP, Automotive Coatings
Period of report
Jun 25, 2018
Accepted (ET)
Jun 27, 2018 · 9:13 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000079879
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionsF1 | $105.11 | Jun 25, 2018 | A | 15,272 | A | Jun 25, 2021 | Jun 24, 2028 | Common Stock | 15,272 | 15,272 | D |
| Restricted Stock UnitsF2,F3 | — | Jun 25, 2018 | A | 29,923 | A | — | — | Common Stock | 29,923 | 29,923 | D |
Explanation of responses
- F1Right to buy granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan.
- F2Each restricted stock unit represents a contingent right to receive one share of PPG Common Stock.
- F3The time-based restricted stock units will vest over a period four years as follows: 10,228 on December 31, 2019, 14,271 on December 31, 2020, 3,996 on December 31, 2022 and 1,428 on December 31, 2023.