Filing Details
- Accession Number:
- 0001209191-13-005595
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-02-01 15:35:25
- Reporting Period:
- 2013-01-31
- Filing Date:
- 2013-02-01
- Accepted Time:
- 2013-02-01 15:35:25
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 79879 | Ppg Industries Inc | PPG | Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851) | 250730780 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1242243 | E Charles Bunch | Ppg Industries, Inc., One Ppg Place Pittsburgh PA 15272 | Chairman And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2013-01-31 | 3,290 | $0.00 | 282,175 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Phantom Stock Units | Acquisiton | 2013-01-31 | 24 | $137.87 | 24 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 16,199 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 11,675 | Indirect | By 401(k) plan |
Footnotes
- The reporting person tendered 21,958 shares of common stock of PPG Industries, Inc. ("PPG") in an exchange offer commenced by PPG on December 27, 2012 in exchange for 3.2562 shares of common stock of Eagle Spinco Inc. ("Splitco") per share of PPG stock tendered, which is adjusted by a proration factor. On January 31, 2013, PPG announced a final proration factor of 14.986286% for the exchange offer. In connection with the previously announced merger of a wholly owned subsidiary of Axiall Corporation with Splitco, each share of Splitco common stock received by the reporting person in the exchange offer converted automatically into one share of Axiall Corporation common stock.
- Total amount of shares held for the reporting person in the reporting person's account in the PPG Industries Employee Savings Plan as of January 31, 2013.
- The security converts to common stock on a one-for-one basis.
- After termination of employment with PPG.
- Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan.
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