Filing Details

Accession Number:
0001209191-23-005849
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-02-01 11:42:54
Reporting Period:
2023-01-31
Accepted Time:
2023-02-01 11:42:54
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
1438852 H Michael Mcgarry Ppg Industries, Inc.
One Ppg Place,
Pittsburgh PA 15272
Executive Chairman 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 Acquisiton 2023-01-31 61,867 $95.00 245,512 No 4 M Direct
Common Stock Disposition 2023-01-31 61,867 $129.96 183,645 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
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 2023-01-31 25 $130.34 25 $0.00
Common Stock Employee Stock Options Disposition 2023-01-31 61,867 $0.00 61,867 $95.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,306 No 4 A Direct
0 2019-02-17 2026-02-16 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 15,586 Indirect By 401(k) Plan
Footnotes
  1. This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $129.5200 to $130.4300 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.
  2. 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, 2023.
  3. The security converts to common stock on a one-for-one basis.
  4. After termination of employment with PPG.
  5. Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan. Phantom stock units represent interests in an unfunded unitized company stock fund comprised of stock and cash. The number of shares attributed to the reporting person as a Plan participant may change from time to time without the volition of the reporting person depending on the fair market value of the issuer's common stock and the amount of cash in the fund.