Benjamin D. Kahrs - 07 May 2021 Form 4 Insider Report for Alcoa Corp (AA)

Role
EVP & Chief Innovation Officer
Signature
/s/ Marissa P. Earnest, attorney-in-fact for Benjamin D. Kahrs
Issuer symbol
AA
Transactions as of
07 May 2021
Net transactions value
-$864,091
Form type
4
Filing time
10 May 2021, 16:25:35 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 $250,267 +16,574 +41% $15.10 56,712 07 May 2021 Direct
transaction AA Common Stock, par value $0.01 per share Sale $1,114,358 -28,082 -50% $39.68 28,630 07 May 2021 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 AA Employee Stock Option (right to buy) Options Exercise $0 -16,574 -100% $0.000000* 0 07 May 2021 Common Stock 16,574 $15.10 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 $39.3100 - $39.9800. 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 This option vested in equal installments over three years beginning on the date shown.