Barbara Lou Shultz - 23 Feb 2023 Form 4 Insider Report for Howmet Aerospace Inc. (HWM)

Role: Vice President and Controller
Signature: /s/ Margaret Lam, Assistant Secretary (Attorney-in-Fact)
Issuer symbol: HWM
Transactions as of: 23 Feb 2023
Net transactions value: -$84,677
Form type: 4
Filing time: 24 Feb 2023, 17:01:05 UTC
Previous filing: 21 Feb 2023
Next filing: 09 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HWM	Common Stock	Options Exercise	$110,400	+4,627	+23%	$23.86	25,169	23 Feb 2023	Direct
transaction	HWM	Common Stock	Sale	$195,078	-4,627	-18%	$42.16	20,542	23 Feb 2023	Direct	F1

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	Employee Stock Option (right to buy)	Options Exercise	$0	-4,627	-100%	$0.000000^*	0	23 Feb 2023	Common Stock	4,627	$23.86	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $42.16 to $42.17. The reporting person undertakes to provide to Howmet Aerospace Inc. ("Howmet"), any security holder of Howmet, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
F2	The option became exercisable in three equal annual installments beginning on January 16, 2015, which was the first anniversary of the date on which the option was granted.

Content

The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $42.16 to $42.17. The reporting person undertakes to provide to Howmet Aerospace Inc. ("Howmet"), any security holder of Howmet, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

The option became exercisable in three equal annual installments beginning on January 16, 2015, which was the first anniversary of the date on which the option was granted.