Vincent J. Morales - Mar 10, 2023 Form 4 Insider Report for PPG INDUSTRIES INC (PPG)

Role
Senior VP & CFO
Signature
/s/ Greg E. Gordon, Attorney-in-Fact for Vincent J. Morales
Stock symbol
PPG
Transactions as of
Mar 10, 2023
Transactions value $
$7,891
Form type
4
Date filed
3/13/2023, 03:32 PM
Previous filing
Mar 2, 2023
Next filing
Mar 16, 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 $7.89K +62.6 +0.39% $126.00 16.1K Mar 10, 2023 Common Stock 62.6 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 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.