Timothy M. Knavish - May 15, 2023 Form 4 Insider Report for PPG INDUSTRIES INC (PPG)

Role
President and CEO, Director
Signature
/s/ Greg E. Gordon, Attorney-in-Fact for Timothy M. Knavish
Stock symbol
PPG
Transactions as of
May 15, 2023
Transactions value $
$1,758
Form type
4
Date filed
5/17/2023, 11:31 AM
Previous filing
May 1, 2023
Next filing
Jun 1, 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 $1.76K +12.5 +0.12% $140.63 10.4K May 15, 2023 Common Stock 12.5 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.