Michael H. Mcgarry - Dec 12, 2022 Form 4 Insider Report for PPG INDUSTRIES INC (PPG)

Signature
/s/ Greg E. Gordon, Attorney-in-Fact for Michael H. McGarry
Stock symbol
PPG
Transactions as of
Dec 12, 2022
Transactions value $
$3,272
Form type
4
Date filed
12/13/2022, 08:46 AM
Previous filing
Dec 1, 2022
Next filing
Dec 16, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PPG Phantom Stock Units Award $3.27K +24.7 +0.48% $132.32 5.21K Dec 12, 2022 Common Stock 24.7 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The security converts to common stock on a one-for-one basis.
F2 After termination of employment with PPG.
F3 Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan. Phantom stock units represent interests in an unfunded unitized company stock fund comprised of stock and cash. The number of shares attributed to the reporting person as a Plan participant may change from time to time without the volition of the reporting person depending on the fair market value of the issuer's common stock and the amount of cash in the fund.