Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34 Filing Table of Contents
Document/ExhibitDescriptionPagesSize
1: 10-Q Quarterly Report HTML 581K
2: EX-10.1 Letter Agreement With Frank Sklarsky HTML 35K
3: EX-10.2 Form of Nonqualified Stock Option Award Agreement HTML 68K
4: EX-10.3 Form of Performance-Based Restricted Stock Unit HTML 80K
Award Agreement for Key Employee
5: EX-10.4 Form of Performance-Based Restricted Stock Unit HTML 79K
Award Agreement
6: EX-10.5 Form of Time-Vested Restricted Stock Unit Award HTML 75K
Agreement
7: EX-10.6 Form of Tsr Share Award Agreement HTML 82K
8: EX-12 Ratio of Earnings to Fixed Charges HTML 50K
9: EX-31.1 CEO Certification Section 301 HTML 34K
10: EX-31.2 CFO Certification Section 302 HTML 34K
11: EX-32.1 CEO Certification Section 906 HTML 29K
12: EX-32.2 CFO Certification Section 906 HTML 29K
69: R1 Document and Entity Information HTML 46K
56: R2 Condensed Consolidated Statement of Income HTML 151K
67: R3 Condensed Consolidated Statement of Comprehensive HTML 66K
Income
71: R4 Condensed Consolidated Balance Sheet HTML 157K
90: R5 Condensed Consolidated Balance Sheet HTML 33K
(Parenthetical)
58: R6 Condensed Consolidated Statement of Cash Flows HTML 227K
66: R7 Basis of Presentation HTML 40K
51: R8 New Accounting Standards HTML 30K
41: R9 Fair Value Measurement HTML 104K
91: R10 Acquisitions HTML 51K
73: R11 Separation and Merger Transaction HTML 67K
72: R12 Inventories HTML 42K
78: R13 Goodwill and Other Identifiable Intangible Assets HTML 98K
79: R14 Business Restructuring HTML 74K
76: R15 Debt HTML 32K
80: R16 Investments HTML 33K
68: R17 Earnings Per Common Share HTML 73K
70: R18 Income Taxes HTML 41K
75: R19 Pensions and Other Postretirement Benefits HTML 71K
98: R20 Shareholders' Equity HTML 89K
86: R21 Accumulated Other Comprehensive Income (Notes) HTML 96K
62: R22 Financial Instruments, Excluding Derivative HTML 32K
Financial Instruments
74: R23 Derivative Financial Instruments and Hedge HTML 145K
Activities
64: R24 Cash Flow Information HTML 32K
32: R25 Stock-Based Compensation HTML 52K
87: R26 Commitments and Contingent Liabilities HTML 132K
94: R27 Reportable Segment Information HTML 75K
46: R28 Subsequent Event (Notes) HTML 31K
45: R29 Fair Value Measurement (Tables) HTML 94K
49: R30 Acquisitions (Tables) HTML 42K
50: R31 Separation and Merger Transaction Income from HTML 60K
Discontinued Operations (Tables)
52: R32 Inventories (Tables) HTML 38K
25: R33 Goodwill and Other Identifiable Intangible Assets HTML 95K
(Tables)
84: R34 Business Restructuring (Tables) HTML 69K
60: R35 Earnings Per Common Share (Tables) HTML 70K
63: R36 Pensions and Other Postretirement Benefits HTML 55K
(Tables)
36: R37 Shareholders' Equity (Tables) HTML 79K
97: R38 Accumulated Other Comprehensive Income (Tables) HTML 96K
19: R39 Derivative Financial Instruments and Hedge HTML 103K
Activities (Tables)
53: R40 Stock-Based Compensation (Tables) HTML 33K
89: R41 Commitments and Contingent Liabilities (Tables) HTML 45K
34: R42 Reportable Segment Information (Tables) HTML 63K
44: R43 Fair Value Measurement (Additional Information) HTML 37K
(Details)
48: R44 Fair Value Measurement (Assets and liabilities HTML 58K
reported at fair value on a recurring basis)
(Details)
57: R45 Acquisitions (Additional Information) (Details) HTML 48K
24: R46 Acquisitions (Summary of Purchase Price HTML 65K
Allocations) (Details)
40: R47 Separation and Merger Transaction (Details) HTML 155K
21: R48 Separation and Merger Transaction (Net sales and HTML 56K
earnings from discontinued operations) (Details)
88: R49 Inventories (Schedule of Inventory) (Details) HTML 42K
33: R50 Inventories (Additional Information) (Details) HTML 32K
85: R51 Goodwill and Other Identifiable Intangible Assets HTML 49K
(Additional Information) (Details)
37: R52 Goodwill and Other Identifiable Intangible Assets HTML 53K
(Carrying Amount of Goodwill) (Details)
54: R53 Goodwill and Other Identifiable Intangible Assets HTML 42K
(Identifiable Intangible Assets with Finite Lives)
(Details)
20: R54 Business Restructuring (Additional Information) HTML 62K
(Details)
23: R55 Business Restructuring (Schedule of Restructuring HTML 86K
Activity) (Details)
47: R56 Debt (Details) HTML 42K
28: R57 Investments (Additional Information) (Details) HTML 39K
92: R58 Earnings Per Common Share (Calculations) (Details) HTML 100K
59: R59 Earnings Per Common Share (Additional Information) HTML 33K
(Details)
77: R60 Income Taxes (Details) HTML 66K
39: R61 Pensions and Other Postretirement Benefits (Net HTML 61K
Periodic Benefit Costs) (Details)
42: R62 Pensions and Other Postretirement Benefits HTML 65K
(Additional Information) (Details)
83: R63 Shareholders' Equity (Details) HTML 75K
81: R64 Accumulated Other Comprehensive Income (Details) HTML 133K
61: R65 Financial Instruments, Excluding Derivative HTML 34K
Financial Instruments (Details)
82: R66 Derivative Financial Instruments and Hedge HTML 150K
Activities (Additional Information) (Details)
38: R67 Derivative Financial Instruments and Hedge HTML 66K
Activities (Cash Flow and Net Investment Hedges)
(Details)
65: R68 Cash Flow Information (Details) HTML 34K
93: R69 Stock-Based Compensation (Additional Information) HTML 106K
(Details)
22: R70 Stock-Based Compensation (Weighted Average HTML 40K
Assumptions Used in Calculating Fair Value of
Stock Option) (Details)
31: R71 Commitments and Contingent Liabilities (Additional HTML 232K
Information) (Details)
55: R72 Commitments and Contingent Liabilities (Accretion HTML 41K
Of Future Funding Obligation) (Details)
27: R73 Commitments and Contingent Liabilities (Impact of HTML 37K
PPG Settlement Arrangement Including Change in
Fair Value of Stock to be Transferred) (Details)
96: R74 Reportable Segment Information (Additional HTML 37K
Information) (Details)
35: R75 Reportable Segment Information (Segment Net Sales HTML 75K
and Income) (Details)
29: R76 Subsequent Event (Details) HTML 33K
30: R77 Discontinued Operations Balance Sheet (Details) HTML 54K
95: XML IDEA XML File -- Filing Summary XML 141K
43: EXCEL IDEA Workbook of Financial Reports (.xls) XLS 1.92M
13: EX-101.INS XBRL Instance -- ppg-20130331 XML 2.55M
15: EX-101.CAL XBRL Calculations -- ppg-20130331_cal XML 266K
16: EX-101.DEF XBRL Definitions -- ppg-20130331_def XML 1.18M
17: EX-101.LAB XBRL Labels -- ppg-20130331_lab XML 2.29M
18: EX-101.PRE XBRL Presentations -- ppg-20130331_pre XML 1.32M
14: EX-101.SCH XBRL Schema -- ppg-20130331 XSD 256K
26: ZIP XBRL Zipped Folder -- 0000079879-13-000033-xbrl Zip 319K
I am pleased to confirm our offer to you for the position of Executive Vice President, Finance, reporting to me with the effective date of April
15, 2013. You will be appointed Executive Vice President and Chief Financial Officer effective August 1, 2013.
Your starting base salary will be $54,200 per month and you will be a participant in our Incentive Compensation Bonus Plan (IC) and our Long Term Incentive Program (LTIP).
Your 2013 IC target bonus will be $585,000 and your actual IC award will be paid on a pro-rated basis from April 15. The target value of your LTIP grants will be approximately $1,500,000, consisting of stock options, performance-based RSUs and total shareholder return (TSR) grants of relatively equal value. Your 2013 TSR and RSU grants will be for the full 2013 through 2015 performance period and the number of shares granted will be based on the closing stock price on April
15, 2013. Your 2013 stock options will be granted April 15, 2013 based on the black-scholes valuation on that date.
In addition to the above, you will be granted 5,000 time-based RSUs that will vest on December 31, 2015, 5,000 time-based RSUs that will vest on December 30, 2016 and 7,000 time-based RSUs that will vest on December 29, 2017.
It is our mutual understanding that you will initially establish a residence in the Pittsburgh area immediately upon joining PPG. In addition, the vesting of the above time-based RSUs will be contingent upon your establishing a permanent local residency
for both you and your spouse prior to the vesting of the first time-based RSU award (year-end 2015). Should PPG terminate your employment for reasons other than cause or failure to establish permanent local residency, prior to the vesting of any or all of these RSUs, such RSUs will vest on the date of such termination subject to your execution of PPG's standard separation agreement and release (enclosed for your reference).
As an executive vice president, you will be subject to meeting a stock ownership requirement of three times your salary within five years. A summary of PPG's executive compensation program is enclosed for your reference.
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You will be eligible for PPG's Change in Control Employment Agreement (enclosed).
You will be eligible for a broad array of employee benefits, including medical insurance, life insurance, and retirement plan which includes a company-sponsored defined contribution pension plan plus a 401(k) savings plan. You will also be eligible for PPG's full relocation benefits package (enclosed). You will also be eligible for a temporary housing allowance from April 15 through August 31, 2013. You will be eligible for five weeks of vacation in 2013. PPG's full benefit program will be reviewed with you in detail during your initial orientation. A copy of the brochure “Highlights of PPG Salaried Employee Benefits” is enclosed.
This
offer of employment is contingent upon your successful completion of a background check and intoxicant screen and completing a pre-placement physical examination to determine if there are any restrictions that prevent you from performing this position. Upon your acceptance, we will make arrangements for the company paid intoxicant screen and physical examination. As an executive vice president you will be subject to PPG's Executive Health and Information Policy (enclosed). Please contact Laurie Trybend to schedule your intoxicant screen and physical exam.
Executing an Employee Agreement is also a condition of employment. Please read, sign and return the enclosed agreement upon acceptance. We also ask you to complete and return the enclosed Application for Employment.
On
your first day of employment, you will be expected to provide proof of citizenship or other authorization to work in the United States.
Attached is a letter containing important information on PPG's affirmative action programs. As part of this program, you are invited to self identify as a member of a protected group using the attached Self Identification form. Please complete the form, if appropriate, and return it as soon as possible to Laurie Trybend in the envelope provided.
Frank, I, along with my colleagues, am very impressed with your capabilities and it is my pleasure to offer you this key executive leadership opportunity with our company.
If
you need assistance or have questions, don't hesitate to contact me or Craig Jordan.
