4//SEC Filing
Heminger Gary R. 4
Accession 0001209191-23-025080
CIK 0000079879other
Filed
Apr 20, 8:00 PM ET
Accepted
Apr 21, 2:51 PM ET
Size
10.8 KB
Accession
0001209191-23-025080
Insider Transaction Report
Form 4
Heminger Gary R
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-04-19−1,232→ 0 total→ Common Stock (1,232 underlying) - Exercise/Conversion
Phantom Stock Units
2023-04-19$140.55/sh+1,232$173,158→ 7,622.805 total→ Common Stock (1,232 underlying) - Award
Restricted Stock Units
2023-04-20+1,174→ 1,174 total→ Common Stock (1,174 underlying)
Footnotes (6)
- [F1]Upon the vesting of restricted stock units on April 19, 2023, which were granted to the reporting person on April 21, 2022, the reporting person deferred the receipt of 1,232 shares of common stock and received instead 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 1,232 shares of common stock in exchange for 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 17, 2024.
Documents
Issuer
PPG INDUSTRIES INC
CIK 0000079879
Entity typeother
Related Parties
1- filerCIK 0001331928
Filing Metadata
- Form type
- 4
- Filed
- Apr 20, 8:00 PM ET
- Accepted
- Apr 21, 2:51 PM ET
- Size
- 10.8 KB