Sec Form 4 Filing - BUNCH CHARLES E @ PPG INDUSTRIES INC - 2013-07-31

Insider filing report for Changes in Beneficial Ownership
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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
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1. Name and Address of Reporting Person
BUNCH CHARLES E
2. Issuer Name and Ticker or Trading Symbol
PPG INDUSTRIES INC [ PPG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chairman and CEO
(Last) (First) (Middle)
PPG INDUSTRIES, INC.,, ONE PPG PLACE
3. Date of Earliest Transaction (MM/DD/YY)
07/31/2013
(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 07/31/2013 M 50,000 A $ 63.69 386,893 D
Common Stock 07/31/2013 S 36,573 D $ 160.7213 ( 1 ) 350,320 D
Common Stock 07/31/2013 S 13,427 D $ 161.4451 ( 2 ) 336,893 D
Common Stock 08/01/2013 M 45,000 A $ 63.69 381,893 D
Common Stock 08/01/2013 S 10,890 D $ 161.7993 ( 3 ) 371,003 D
Common Stock 08/01/2013 S 34,110 D $ 162.69 ( 4 ) 336,893 D
Common Stock 11,737.2743 ( 5 ) 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
Phamtom Stock Units ( 6 ) 07/31/2013 A 21.185 ( 7 ) ( 7 ) Common Stock 21.185 $ 160.44 16,472.619 ( 8 ) D
Employee Stock Option ( 9 ) $ 63.69 07/31/2013 M 50,000 02/20/2011 02/19/2018 Common Stock 50,000 $ 0 45,000 D
Employee Stock Options ( 9 ) $ 63.69 08/01/2013 M 45,000 02/20/2011 02/19/2018 Common Stock 45,000 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BUNCH CHARLES E
PPG INDUSTRIES, INC.,
ONE PPG PLACE
PITTSBURGH, PA15272
X Chairman and CEO
Signatures
Greg Gordon, Attorney-in-Fact for Charles E. Bunch 08/02/2013
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 $160.1600 to $161.1500 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 )This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $161.1637 to $161.5500 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.
( 3 )This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $161.3150 to $162.3116 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.
( 4 )This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $162.3200 to $163.1400 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.
( 5 )Total amount of shares held for the reporting person in the reporting person's account in the PPG Industries Employee Savings Plan as of August 1, 2013.
( 6 )The security converts to common stock on a one-for-one basis.
( 7 )After termination of employment with PPG.
( 8 )Total of all phantom stock units held by the reporting person in the PPG Industries, Inc. Deferred Compensation Plan.
( 9 )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).
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