| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ARNC | Common Stock | Disposed to Issuer | -$1.09M | -36.3K | -100% | $30.00 | 0 | Aug 18, 2023 | Direct | F1 |
| transaction | ARNC | Restricted Stock Units | Disposed to Issuer | -$1.17M | -39K | -100% | $30.00 | 0 | Aug 18, 2023 | Direct | F2 |
| transaction | ARNC | Performance-Based Restricted Stock Units | Disposed to Issuer | -$1.17M | -39K | -100% | $30.00 | 0 | Aug 18, 2023 | Direct | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ARNC | Stock Options (right to buy) | Disposed to Issuer | -$443K | -14.8K | -100% | $30.00 | 0 | Aug 18, 2023 | Common Stock | 14.8K | $32.73 | Direct | F3 |
Melissa M. Miller is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | Represents shares of Arconic Corporation ("Arconic") common stock disposed of in connection with the Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 4, 2023, by and among Arconic and affiliates of funds managed by Apollo Global Management, Inc. In accordance with the Merger Agreement, at the effective time of the merger contemplated thereby (the "Effective Time"), each share of Arconic common stock held by the reporting person was converted into the right to receive $30.00 in cash (the "Merger Consideration"). |
| F2 | In accordance with the Merger Agreement, at the Effective Time, each (a) restricted stock unit award, other than performance-based restricted stock units ("PRSU Awards"), and (b) deferred stock unit award under the Arconic Corp. Deferred Compensation Plan was cashed out based on the Merger Consideration. Each PRSU Award became fully vested with respect to a number of shares equal to: (x) for each such award granted in 2021, 42.9% of the target number of shares covered by the award, (y) for each such award granted in 2022, 66.3% of the target number of shares covered by the award and (z) for each such award granted in 2023, the target number of shares covered by such award. To the extent that a PRSU Award became vested, the PRSU Award was cashed out based on the Merger Consideration. |
| F3 | In accordance with the Merger Agreement, at the Effective Time, each stock option ("Option") was cashed out based on the Merger Consideration, less the exercise price for each such Option. |