Sec Form 4 Filing - NAVIKAS DAVID B @ PPG INDUSTRIES INC - 2012-07-23

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
NAVIKAS DAVID B
2. Issuer Name and Ticker or Trading Symbol
PPG INDUSTRIES INC [ PPG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Sr. VP Finance & CFO
(Last) (First) (Middle)
PPG INDUSTRIES, INC., ONE PPG PLACE
3. Date of Earliest Transaction (MM/DD/YY)
07/23/2012
(Street)
PITTSBURGH, PA15272
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/23/2012 M 4,800 A $ 71.88 23,176 D
Common Stock 07/23/2012 M 5,300 A $ 59.63 28,476 D
Common Stock 07/23/2012 M 1,975 A $ 34.09 30,451 D
Common Stock 07/23/2012 S 12,075 D $ 111.9146 ( 1 ) 18,376 D
Common Stock 2,950 ( 2 ) I By 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Options ( 3 ) $ 71.88 07/23/2012 M 4,800 02/16/2008 02/15/2015 Common Stock 4,800 $ 0 0 D
Employee Stock Options ( 3 ) $ 59.63 07/23/2012 M 5,300 02/15/2009 02/14/2016 Common Stock 5,300 $ 0 0 D
Employee Stock Options ( 4 ) $ 34.09 07/23/2012 M 1,975 02/18/2012 02/17/2019 Common Stock 1,975 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
NAVIKAS DAVID B
PPG INDUSTRIES, INC.
ONE PPG PLACE
PITTSBURGH, PA15272
Sr. VP Finance & CFO
Signatures
Greg E. Gordon, Attorney-in-Fact for David B. Navikas 07/25/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $111.81 to $112.00 per share, inclusive. The reporting person will provide, upon request of the SEC staff, PPG or a shareholder of PPG, complete information regarding the number of shares sold at each price within the range.
( 2 )Total amount of shares held for the reporting person in the reporting person's account in the PPG Industries Employee Savings Plan as of July 23, 2012.
( 3 )Right to buy granted under the PPG Industries, Inc. Stock Plan.
( 4 )Right to buy granted under the PPG Industries, Inc. Omnibus Incentive Plan.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.