JOHN C. PLANT - 01 Jan 2024 Form 4 Insider Report for Howmet Aerospace Inc. (HWM)

Signature
/s/ Margaret Lam, Assistant Secretary, Attorney-in-Fact
Issuer symbol
HWM
Transactions as of
01 Jan 2024
Net transactions value
-$11,777,053
Form type
4
Filing time
03 Jan 2024, 21:34:05 UTC
Previous filing
22 Nov 2023
Next filing
20 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HWM Common Stock Options Exercise +500,000 +28% 2,280,871 01 Jan 2024 Direct F1
transaction HWM Common Stock Tax liability $11,777,053 -217,610 -9.5% $54.12 2,063,261 01 Jan 2024 Direct F2
holding HWM Common Stock 1,201,186 01 Jan 2024 By Trust F3
holding HWM Common Stock 386,544 01 Jan 2024 By Remainder Trust F4

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 Restricted Stock Unit Options Exercise $0 -500,000 -100% $0.000000* 0 01 Jan 2024 Common Stock 500,000 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit converted into common stock on a one-for-one basis.
F2 Represents payment of tax liability by delivering or withholding shares incident to the vesting of a stock award issued in accordance with Rule 16b-3.
F3 Shares held in a trust, of which the reporting person is the trustee, grantor and beneficiary.
F4 Shares held in a remainder trust, of which the reporting person is the trustee and grantor, and his children are the beneficiaries.
F5 Reflects vesting of the restricted stock units granted on October 14, 2021, upon satisfaction of the condition of Mr. Plant's continued employment through such date.