<SEC-DOCUMENT>0001214659-21-003171.txt : 20210316
<SEC-HEADER>0001214659-21-003171.hdr.sgml : 20210316
<ACCEPTANCE-DATETIME>20210316110117
ACCESSION NUMBER:		0001214659-21-003171
CONFORMED SUBMISSION TYPE:	PX14A6G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20210316
DATE AS OF CHANGE:		20210316
EFFECTIVENESS DATE:		20210316

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PPG INDUSTRIES INC
		CENTRAL INDEX KEY:			0000079879
		STANDARD INDUSTRIAL CLASSIFICATION:	PAINTS, VARNISHES, LACQUERS, ENAMELS & ALLIED PRODUCTS [2851]
		IRS NUMBER:				250730780
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PX14A6G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-01687
		FILM NUMBER:		21744324

	BUSINESS ADDRESS:	
		STREET 1:		ONE PPG PL 40 EAST
		CITY:			PITTSBURGH
		STATE:			PA
		ZIP:			15272
		BUSINESS PHONE:		4124343131

	MAIL ADDRESS:	
		STREET 1:		ONE PPG PL 40 EAST
		CITY:			PITTSBURGH
		STATE:			PA
		ZIP:			15272

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PITTSBURGH PLATE GLASS CO
		DATE OF NAME CHANGE:	19681219

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Chevedden John
		CENTRAL INDEX KEY:			0001734335

	FILING VALUES:
		FORM TYPE:		PX14A6G

	MAIL ADDRESS:	
		STREET 1:		2215 NELSON AVE., NO. 205
		CITY:			REDONDO BEACH
		STATE:			CA
		ZIP:			90278
</SEC-HEADER>
<DOCUMENT>
<TYPE>PX14A6G
<SEQUENCE>1
<FILENAME>d316210px14a6g.htm
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<P STYLE="margin: 0"><FONT STYLE="font-size: 14pt">&nbsp;</FONT></P>

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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">PPG Industries, Inc. (PPG)<BR>
Shareholder Alert<BR>
Voluntary submission by John Chevedden, POB 2673, Redondo Beach, CA 90278.<BR>
Continuous PPG Shareholder for 10-years</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt"><B>Vote for Management Proposal
# 4:<BR>
Amend the Articles of Incorporation and Bylaws to Replace the Supermajority Voting Requirements</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">Management omitted to mention
that a rule 14a-8 shareholder proposal was submitted for the 2021 shareholder meeting on the same topic as this management proposal.</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">The 2021 shareholder proposal
was necessary because management failed to obtain an 80% vote from all the shares outstanding for its own proposal on this same
topic in 2020. And it failed by a relatively narrow margin. The 2021 shareholder proposal was superseded by the 2021 management
proposal # 4 on the same topic.</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">Management does not seem to have
much enthusiasm for its own proposal # 4 so it makes it necessary for me, a small shareholder, to urge a yes-vote for the management
proposal. It is especially important to get a high shareholder voting turnout for this proposal because it needs an 80% vote from
all shares outstanding. If a shareholder sits out this election it is the same as a vote against vote this management proposal.</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">And failure to get an 80%-vote
for this proposal has a cascading bad outcome. It prevents us shareholders from voting on each director every year. This could
have a further cascading bad outcome because if the chair of the PPG management pay committee is lavish with CEO pay it could
take shareholders 3-years to have an opportunity to vote against that lavish director.</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 14pt">Urging
shareholders to vote for this proposal should be the job of Mr. Hugh Grant, the chair of the PPG Governance Committee. Instead
this job seems to default to me. Perhaps Mr. Grant could share some of his $325,000 PPG paycheck with
me. And to top things off Mr. Grant is rewarded with the title of Lead Director.</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">Perhaps Mr. Grant can learn from
the management of another company which likewise needed to obtain a high percentage vote from all shares outstanding. That company
said:</FONT></P>

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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">&bull; We intend to undertake
an aggressive outreach program to all elements of our shareholder base to encourage them to vote for management&rsquo;s supermajority
vote proposal.</FONT></P>
<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">&nbsp;</FONT></P>
<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">&bull; This will be done through
direct solicitation of institutional and hedge fund investors as well as a campaign to maximize favorable voting by retail holders
to the greatest extent feasible through frequent reminder mailings with proxy cards and a telephone calling campaign.</FONT></P>
<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">&nbsp;</FONT></P>
<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">&bull; We also will be engaging
with proxy advisors and expect that they will recommend for management&rsquo;s proposal.</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">&nbsp;</FONT></P>

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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt"><B>Please vote for Management
Proposal # 4 &nbsp;which would remove the existing 80% supermajority vote requirements.&nbsp;</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt"><B>This would pave the way for
annual election of each director.</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt"><B>&nbsp;</B></FONT></P>

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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">Written materials are submitted
pursuant to Rule 14a-6(g)(1) promulgated under the Securities Exchange Act of 1934.*</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">*Submission is not required of
this filer under the terms of the Rule, but is made voluntarily in the interest of public disclosure and consideration of these
important issues.</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">This is not a solicitation of
authority to vote your proxy. &nbsp;Please DO NOT send me your proxy card; the shareholder is not able to vote your proxies, nor
does this communication contemplate such an event.</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 14pt">The shareholder asks all shareholders
to vote their choices by following the procedural instructions provided in the proxy materials.</FONT></P>

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