SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Sullivan Kevin F

(Last) (First) (Middle)
PPG INDUSTRIES, INC.,
ONE PPG PLACE

(Street)
PITTSBURGH, PA 15272

(City) (State) (Zip)
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. Vice Pres., Chemicals
3. Date of Earliest Transaction (Month/Day/Year)
05/11/2006
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 05/11/2006 M 12,289 A $59.54 41,151.1582(1)(2) D
Common Stock 05/11/2006 F 11,570 D $68.36 29,581.1582(1)(2) D
Common Stock 05/11/2006 M 9,209 A $59.54 38,790.1582(1)(2) D
Common Stock 05/11/2006 F 8,670 D $68.36 30,120.1582(1)(2) D
Common Stock 05/11/2006 M 2,883 A $64.57 33,003.1582(1)(2) D
Common Stock 05/11/2006 F 2,812 D $68.36 30,191.1582(1)(2) D
Common Stock 05/11/2006 M 1,119 A $64.57 31,310.1582(1)(2) D
Common Stock 05/11/2006 F 1,091 D $68.36 30,219.1582(1)(2) D
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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 Option(3) $59.54 05/11/2006 M 12,289 11/21/2001 02/16/2009 Common Stock 12,289 $0.00 0 D
Employee Stock Option(3) $68.36 05/11/2006 A 11,570 11/11/2006 02/16/2009 Common Stock 11,570 $0.00 11,570 D
Employee Stock Option(3) $59.54 05/11/2006 M 9,209 11/21/2001 02/15/2010 Common Stock 9,209 $0.00 0 D
Employee Stock Option(3) $68.36 05/11/2006 A 8,670 11/11/2006 02/15/2010 Common Stock 8,670 $0.00 8,670 D
Employee Stock Option(3) $64.57 05/11/2006 M 2,883 02/10/2006 02/16/2009 Common Stock 2,883 $0.00 0 D
Employee Stock Option(3) $68.36 05/11/2006 A 2,812 11/11/2006 02/16/2009 Common Stock 2,812 $0.00 2,812 D
Employee Stock Option(3) $64.57 05/11/2006 M 1,119 02/10/2006 02/13/2011 Common Stock 1,119 $0.00 3,988 D
Employee Stock Option(3) $68.36 05/11/2006 A 1,091 11/11/2006 02/13/2011 Common Stock 1,091 $0.00 1,091 D
Explanation of Responses:
1. Includes 4,935.141836 shares of PPG common stock held in the reporting person's account in the PPG Industries Employee Savings Plan as of April 30, 2006. Also includes 6,363.8814 shares of PPG common stock held in the reporting person's account in the PPG Investor Services Program (a dividend reinvestment program) as of May 11, 2006.
2. Includes 90 shares of PPG common stock held by the reporting person's wife as Custodian and 214.135 shares of PPG common stock held through the PPG Investor Services Program (a dividend reinvestment program) by the reporting person's wife as Custodian. The reporting person disclaims beneficial ownership of all securities held by the reporting person's wife as Custodian except to the extent of his pecuniary interest, if any, in such securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
3. Right to buy granted under the PPG Industries, Inc. Stock Plan.
Remarks:
Keith L. Belknap, Jr., Attorney-in-Fact for Kevin F. Sullivan 05/15/2006
** Signature of Reporting Person Date
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.
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