Edgar Filing: PPG INDUSTRIES INC

Ownership Submission

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 OF SECURITIES

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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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Sullivan Kevin F

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

(Last)

(First)

(Middle)

PPG INDUSTRIES, INC.,, ONE PPG PLACE

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2006

(Street)

PITTSBURGH,, PA 15272

4. If Amendment, Date 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

(City)

(State)

(Zip)

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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	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 control number.		SEC 1474 (9-02)

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 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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option ⁽³⁾

$ 59.54

05/11/2006

12,289

11/21/2001

02/16/2009

Common Stock

12,289

$ 0

Employee Stock Option ⁽³⁾

$ 68.36

05/11/2006

11,570

11/11/2006

02/16/2009

Common Stock

11,570

$ 0

11,570

Employee Stock Option ⁽³⁾

$ 59.54

05/11/2006

9,209

11/21/2001

02/15/2010

Common Stock

9,209

$ 0

Employee Stock Option ⁽³⁾

$ 68.36

05/11/2006

8,670

11/11/2006

02/15/2010

Common Stock

8,670

$ 0

8,670

Employee Stock Option ⁽³⁾

$ 64.57

05/11/2006

2,883

02/10/2006

02/16/2009

Common Stock

2,883

$ 0

Employee Stock Option ⁽³⁾

$ 68.36

05/11/2006

2,812

11/11/2006

02/16/2009

Common Stock

2,812

$ 0

2,812

Employee Stock Option ⁽³⁾

$ 64.57

05/11/2006

1,119

02/10/2006

02/13/2011

Common Stock

1,119

$ 0

3,988

Employee Stock Option ⁽³⁾

$ 68.36

05/11/2006

1,091

11/11/2006

02/13/2011

Common Stock

1,091

$ 0

1,091

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Sullivan Kevin F PPG INDUSTRIES, INC., ONE PPG PLACE PITTSBURGH,, PA 15272			Sr. Vice Pres., Chemicals

Signatures

Keith L. Belknap, Jr., Attorney-in-Fact for Kevin F. Sullivan		05/15/2006
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(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.

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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