Jack A. Hockema - Jun 11, 2024 Form 4 Insider Report for KAISER ALUMINUM CORP (KALU)

Role
Director
Signature
/s/ Cherrie I. Tsai, with power of attorney for Jack A. Hockema
Stock symbol
KALU
Transactions as of
Jun 11, 2024
Transactions value $
$158,803
Form type
4
Date filed
6/13/2024, 04:30 PM
Previous filing
Jun 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KALU Common Stock, par value $0.01 per share Award $260K +2.68K $96.89 2.68K Jun 11, 2024 Direct F1, F2
transaction KALU Common Stock, par value $0.01 per share Tax liability -$101K -1.04K -38.91% $96.89 1.64K Jun 11, 2024 Direct F2, F3
holding KALU Common Stock, par value $0.01 per share 32.6K Jun 11, 2024 By Hockema Family Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock received by the reporting person under the Kaiser Aluminum Corporation 2021 Equity and Incentive Compensation Plan (Amended and Restated effective June 11, 2024) at such person's election in lieu of all or a portion of the reporting person's annual cash retainer for serving as a member of the Board of Directors of Kaiser Aluminum Corporation and chair or a member of one or more committees of the Board of Directors.
F2 Equal to the average closing price of the Issuer's common stock as reported by the Nasdaq Stock Market, LLC for the twenty trading days prior to June 11, 2024.
F3 Shares withheld to satisfy the withholding tax obligations resulting from the stock received by the reporting person under the Kaiser Aluminum Corporation 2021 Equity and Incentive Compensation Plan (Amended and Restated effective June 11, 2024) at such person's election in lieu of all or a portion of the reporting person's annual cash retainer for serving as a member of the Board of Directors of Kaiser Aluminum Corporation and Executive Chairman.