Filing Details

Accession Number:
0001209191-13-005597
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-02-01 15:42:18
Reporting Period:
2013-01-31
Filing Date:
2013-02-01
Accepted Time:
2013-02-01 15:42:18
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
1523473 B David Navikas Ppg Industries, Inc.
One Ppg Place
Pittsburgh PA 15272
Sr. Vp Finance & Cfo No 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 Disposition 2013-01-31 524 $0.00 17,852 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2013-01-31 8 $137.87 8 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,002 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,966 Indirect By 401(k) plan
Footnotes
  1. The reporting person tendered 3,500 shares of common stock of PPG Industries, Inc. ("PPG") in an exchange offer commenced by PPG on December 27, 2012 in exchange for 3.2562 shares of common stock of Eagle Spinco Inc. ("Splitco") per share of PPG stock tendered, which is adjusted by a proration factor. On January 31, 2013, PPG announced a final proration factor of 14.986286% for the exchange offer. In connection with the previously announced merger of a wholly owned subsidiary of Axiall Corporation with Splitco, each share of Splitco common stock received by the reporting person in the exchange offer converted automatically into one share of Axiall Corporation common stock.
  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, 2013.
  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.