SEC Form 4 · accession 0001209191-19-012468
PPG INDUSTRIES INC · PPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Vincent J Morales
Officer — Senior VP & CFO
Period of report
Feb 20, 2019
Accepted (ET)
Feb 22, 2019 · 1:21 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 20, 2019 | A | 160 | $0.00 | A | 10,721 | D | |
| Common StockF2 | Feb 20, 2019 | A | 980 | $0.00 | A | 11,701 | D | |
| Common Stock | Feb 20, 2019 | F | 351 | $109.74 | D | 11,350 | D | |
| Common StockF3 | holding | — | — | — | 6,151 | 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 OptionF4 | $109.74 | Feb 20, 2019 | A | 19,259 | A | Feb 20, 2022 | Feb 19, 2029 | Common Stock | 19,259 | 19,259 | D |
| Phantom Stock UnitsF7,F5,F6 | — | Feb 20, 2019 | A | 1 | A | — | — | Common Stock | 1 | 530 | D |
Explanation of responses
- F1Settlement of 2016 total shareholder return contingent shares award.
- F2Settlement of 2016 restricted stock unit performance award.
- F3Total amount of shares held for the reporting person in the reporting person's account in the PPG Industries Employee Savings Plan as of February 20, 2019.
- F4Right to buy granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan.
- F5The security converts to common stock on a one-for-one basis.
- F6After termination of employment with PPG.
- F7Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan.