Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PPG | Restricted Stock Units | Options Exercise | $0 | -947 | -100% | $0.00* | 0 | Apr 20, 2022 | Common Stock | 947 | Direct | F1 | |
transaction | PPG | Phantom Stock Units | Options Exercise | $125K | +947 | +15.15% | $131.70 | 7.2K | Apr 20, 2022 | Common Stock | 947 | Direct | F2, F3 | |
transaction | PPG | Phantom Stock Units | Award | $32.3K | +243 | +3.37% | $133.15 | 7.44K | Apr 21, 2022 | Common Stock | 243 | Direct | F2, F3, F4 | |
transaction | PPG | Restricted Stock Units | Award | $0 | +1.23K | $0.00 | 1.23K | Apr 21, 2022 | Common Stock | 1.23K | Direct | F5, F6 |
Id | Content |
---|---|
F1 | Upon the vesting of restricted stock units on April 20, 2022, which were granted to the reporting person on April 15, 2021, the reporting person deferred the receipt of 947 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 947 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 19, 2023 |