Tolga I. Oal - 28 May 2021 Form 4 Insider Report for Howmet Aerospace Inc. (HWM)

Role
Co-Chief Executive Officer, Director
Signature
/s/ Margaret Lam, Assistant Secretary / Attorney-in-fact
Issuer symbol
HWM
Transactions as of
28 May 2021
Net transactions value
+$10,932
Form type
4
Filing time
01 Jun 2021, 19:30:58 UTC
Previous filing
17 May 2021
Next filing
02 Jul 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HWM Phantom Stock Units Award $10,932 +310 +3.4% $35.26 9,511 28 May 2021 Common Stock 310 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom stock unit is the equivalent of one share of Howmet Aerospace common stock
F2 Phantom stock units were acquired under the Howmet Aerospace Deferred Compensation Plan and are to be paid out in cash at the termination of employment. The reporting person may transfer the phantom stock into an alternative investment account under the Plan at times permitted under the Plan.