PPG INDUSTRIES INC 4

4 · PPG INDUSTRIES INC · Filed Apr 17, 2015

Form 4

Period: 2015-04-15

Director

Transactions

Exercise/Conversion
Restricted Stock Units
2015-04-15−630→ 0 total
→ Common Stock (630 underlying)
Exercise/Conversion
Phantom Stock Units
2015-04-15+630→ 36,738.304 total
→ Common Stock (630 underlying)
Award
Restricted Stock Units
2015-04-16+546→ 546 total
→ Common Stock (546 underlying)

Footnotes (6)

[F1]Upon the vesting of restricted stock units on April 15, 2015, which were granted to the reporting person on April 17, 2014, the reporting person deferred the receipt of 630 shares of common stock and received instead 630 shares of phantom stock pursuant to the PPG Industries, Inc. Deferred Compensation Plan for Directors. As a result, the reporting person is reporting the conversion of restricted stock units relating to 630 shares of common stock in exchange for an equal number of shares in phantom stock.
[F2]The security converts to common stock on a one-for-one basis.
[F3]After termination of service as a Director of PPG Industries, Inc.
[F4]Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan for Directors.
[F5]Each restricted stock unit represents a contingent right to receive one share of PPG Common Stock.
[F6]The restricted stock units vest on April 20, 2016.

Documents

1 file