McGarry Michael H's Form 4 filing
PPG Industries IncPPG · filed Jul 27, 2023
- Accession no.
- 0001209191-23-043541
- Filed
- Jul 27, 2023
- Trade date
- Jul 25-26, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 10 non-derivative transactions and 4 derivative transactions. Open-market sales total $24.0M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| McGarry Michael HCIK 0001438852 | Director, Officer (Executive Chairman) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 25, 2023 | Common Stock | MOption exerciseAcquired | +28,414 | $118.12 | +$3,356,261.68 | 224,120 | Direct | |
| Jul 25, 2023 | Common Stock | MOption exerciseAcquired | +16,760 | $105.98 | +$1,776,224.8 | 240,880 | Direct | |
| Jul 25, 2023 | Common Stock | MOption exerciseAcquired | +59,826 | $101.50 | +$6,072,339 | 300,706 | Direct | |
| Jul 26, 2023 | Common Stock | MOption exerciseAcquired | +58,378 | $101.50 | +$5,925,367 | 359,084 | Direct | |
| Jul 25, 2023 | Common Stock | SSaleDisposed | −11,122 | $147.21F1 | −$1,637,269.62 | 347,962 | Direct | |
| Jul 25, 2023 | Common Stock | SSaleDisposed | −47,832 | $147.27F2 | −$7,044,218.64 | 300,130 | Direct | |
| Jul 25, 2023 | Common Stock | SSaleDisposed | −45,884 | $148.03F3 | −$6,792,208.52 | 254,246 | Direct | |
| Jul 25, 2023 | Common Stock | SSaleDisposed | −162 | $146.67F4 | −$23,760.54 | 254,084 | Direct | |
| Jul 26, 2023 | Common Stock | SSaleDisposed | −30,096 | $145.09F5 | −$4,366,628.64 | 223,988 | Direct | |
| Jul 26, 2023 | Common Stock | SSaleDisposed | −28,282 | $145.85F6 | −$4,124,929.7 | 195,706 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 25, 2023 | Common Stock | MOption exerciseDisposed | −28,414 | $0.00 | $0 | 0 | Direct | |
| Jul 25, 2023 | Common Stock | MOption exerciseDisposed | −16,760 | $0.00 | $0 | 0 | Direct | |
| Jul 25, 2023 | Common Stock | MOption exerciseDisposed | −59,826 | $0.00 | $0 | 58,378 | Direct | |
| Jul 26, 2023 | Common Stock | MOption exerciseDisposed | −58,378 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $146.5400 to $147.5300 per share, inclusive. The reporting person will provide, upon request of SEC staff, PPG or a shareholder of PPG, complete information regarding the number of shares sold at each price within the range.
Referenced by the price of 1 transaction in Table I.
- F2
This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $146.7200 to $147.7150 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.
Referenced by the price of 1 transaction in Table I.
- F3
This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $147.7200 to $148.5200 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.
Referenced by the price of 1 transaction in Table I.
- F4
This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $146.6500 to $146.6800 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.
Referenced by the price of 1 transaction in Table I.
- F5
This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $144.5200 to $145.5100 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.
Referenced by the price of 1 transaction in Table I.
- F6
This represents the weighted average aggregate price paid for the shares. The shares were sold in multiple transactions at prices ranging from $145.5200 to $146.2200 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 hold at each price within the range.
Referenced by the price of 1 transaction in Table I.