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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT 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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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) |
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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Options (5) | $ 131.51 | 02/20/2013 | A | 15,225 | 02/20/2016 | 02/19/2023 | Common Stock | 15,225 | $ 0 | 15,225 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SEKMAKAS VIKTORAS R PPG INDUSTRIES, INC. ONE PPG PLACE PITTSBURGH, PA 15272 |
Executive Vice President |
Greg E. Gordon, Attorney-in-Fact for Viktoras R. Sekmakas | 02/22/2013 | |
**Signature of Reporting Person | Date |
* | 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) | The reporting person tendered 4231.6251 shares of common stock of PPG Industries, Inc. ("PPG") in an exchange offer commenced by PPG on December 27, 2012 in exchange for 3.2562 shares of common stock of Eagle Spinco Inc. ("Splitco") per share of PPG stock tendered, which is adjusted by a proration factor. On January 31, 2013, PPG announced a final proration factor of 14.986286% for the exchange offer. In connection with the previously announced merger of a wholly owned subsidiary of Axiall Corporation with Splitco, each share of Splitco common stock received by the reporting person in the exchange offer converted automatically into one share of Axiall Corporation common stock. |
(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 February 20, 2013. |
(3) | Settlement of 2010 total shareholder return contingent shares awards. |
(4) | Settlement of 2010 restricted stock unit performance awards. |
(5) | Right to buy granted under the PPG Industries, Inc. Amended and Restated Omnibus Incentive Plan. |