Tammi A. Jones - 07 May 2021 Form 4 Insider Report for Alcoa Corp (AA)

Role
EVP & CHRO
Signature
/s/ Marissa P. Earnest, attorney-in-fact for Tammi A. Jones
Issuer symbol
AA
Transactions as of
07 May 2021
Net transactions value
-$21,104
Form type
4
Filing time
10 May 2021, 16:22:35 UTC
Next filing
26 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AA Common Stock, par value $0.01 per share Options Exercise $68,023 +1,953 +29% $34.83 8,703 07 May 2021 By Spouse
transaction AA Common Stock, par value $0.01 per share Options Exercise $93,522 +2,482 +29% $37.68 11,185 07 May 2021 By Spouse
transaction AA Common Stock, par value $0.01 per share Sale $182,648 -4,435 -40% $41.18 6,750 07 May 2021 By Spouse F1
holding AA Common Stock, par value $0.01 per share 43,562 07 May 2021 Direct
holding AA Common Stock, par value $0.01 per share 57 07 May 2021 By Company 401(k) Plan F2

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 AA Employee Stock Option (right to buy) Options Exercise $0 -1,953 -100% $0.000000* 0 07 May 2021 Common Stock 1,953 $34.83 By Spouse F3
transaction AA Employee Stock Option (right to buy) Options Exercise $0 -2,482 -100% $0.000000* 0 07 May 2021 Common Stock 2,482 $37.68 By Spouse F3
* 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 $41.1700 - $41.1901. The reporting person undertakes to provide to Alcoa Corporation, any security holder of Alcoa Corporation, 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 Fluctuations in 401(k) share amounts reflect the plan's unit reporting method; units represent interests in the Company's stock fund.
F3 This option vested in equal installments over three years beginning on the date shown.