SEC Form 4
FORM 4 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
Expires: December 31, 2014
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*
Alexander J Rich

(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)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
01/16/2013
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
Common Stock 01/16/2013 M 13,600 A $59.63 47,440 (1) D
Common Stock 01/16/2013 M 17,000 A $68.61 64,440 D
Common Stock 01/16/2013 M 16,200 A $63.69 80,640 D
Common Stock 01/16/2013 S 40,200 D $137.4105 (2) 40,440 D
Common Stock 01/16/2013 S 12,500 D $138.2398 (3) 27,940 D
Common Stock 01/16/2013 S 4,100 D $139.2954 (4) 23,840 D
Common Stock 19.5463 (5) I By 401(k) plan
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
Employee Stock Options (6) $59.63 01/16/2013 M 13,600 02/15/2009 02/14/2016 Common Stock 13,600 $0.00 0 D
Employee Stock Options (7) $68.61 01/16/2013 M 17,000 02/14/2010 02/13/2017 Common Stock 17,000 $0.00 0 D
Employee Stock Options (7) $63.69 01/16/2013 M 16,200 02/20/2011 02/19/2018 Common Stock 16,200 $0.00 0 D
Explanation of Responses:
1. This amended total reflects that shares of common stock were transferred to the reporting person's ex-wife pursuant to a divorce proceeding. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife.
2. This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $137.0000 to $137.9900 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.
3. This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $138.0150 to $138.6800 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.
4. This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $139.0000 to $139.5200 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.
5. 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 16, 2013.
6. Right to buy granted under the PPG Industries, Inc. Stock Plan.
7. Right to buy granted under the PPG Industries, Inc. Omnibus Incentive Plan.
Remarks:
Greg E. Gordon, Attorney-in-Fact for J. Rich Alexander 01/18/2013
** 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.