UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response:
0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Morales Vincent J
(Last)
(First)
(Middle)
PPG INDUSTRIES, INC.
ONE PPG PLACE
(Street)
PITTSBURGH
PA
15272
(City)
(State)
(Zip)
2. Issuer Name and Ticker or Trading Symbol PPG INDUSTRIES INC [ PPG]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
Director
10% Owner
X
Officer (give title below)
Other (specify below)
Senior VP & CFO
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2021
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X
Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)
2. Transaction Date (Month/Day/Year)
2A. Deemed Execution Date, if any (Month/Day/Year)
3. Transaction Code (Instr. 8)
4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code
V
Amount
(A) or (D)
Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)
2. Conversion or Exercise Price of Derivative Security
3. Transaction Date (Month/Day/Year)
3A. Deemed Execution Date, if any (Month/Day/Year)
4. Transaction Code (Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date (Month/Day/Year)
7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)
8. Price of Derivative Security (Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code
V
(A)
(D)
Date Exercisable
Expiration Date
Title
Amount or Number of Shares
Phantom Stock Units
(1)
06/15/2021
A
6.8976
(2)
(2)
Common Stock
6.8976
$176.35
14,395.287(3)
D
Explanation of Responses:
1. The security converts to common stock on a one-for-one basis.
2. After termination of employment with PPG.
3. Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan.
Remarks:
/s/ Greg E. Gordon, Attorney-in-Fact for Vincent J. Morales
06/17/2021
** Signature of Reporting Person
Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
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Disclaimer
PPG Industries Inc. published this content on 17 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2021 22:00:00 UTC.
PPG Industries, Inc. is one of the world's leaders in producing and marketing coatings, linings, and fiberglass used primarily in the automotive, transportation, and construction industries. Net sales break down by family of products as follows:
- high-performance coatings (61.2%): decorative paints, anti-corrosion coatings, etc.;
- industrial coatings (38.8%).
Net sales are distributed geographically as follows: the United States and Canada (41%), Europe/Middle East/Africa (30.8%), Asia/Pacific (15.8%) and Latin America (12.4%).