Guillermo Novo - Mar 10, 2023 Form 4 Insider Report for PPG INDUSTRIES INC (PPG)

Role
Director
Signature
/s/ Greg E. Gordon, Attorney-in-Fact for Guillermo Novo
Stock symbol
PPG
Transactions as of
Mar 10, 2023
Transactions value $
$2,596
Form type
4
Date filed
3/13/2023, 03:25 PM
Previous filing
Jan 4, 2023
Next filing
Apr 21, 2023

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 $2.6K +20.6 +0.69% $126.00 2.99K Mar 10, 2023 Common Stock 20.6 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 service as a Director of PPG Industries, Inc.
F3 Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan for Directors. 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.