Jeffrey D. Heeter - Jan 26, 2022 Form 4 Insider Report for Alcoa Corp (AA)

Signature
/s/ Marissa P. Earnest, attorney-in-fact for Jeffrey D. Heeter
Stock symbol
AA
Transactions as of
Jan 26, 2022
Transactions value $
-$1,340,670
Form type
4
Date filed
1/28/2022, 03:14 PM
Previous filing
Jan 26, 2022
Next filing
Feb 4, 2022

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 Award $0 +6.59K +11.67% $0.00 63.1K Jan 26, 2022 Direct F1
transaction AA Common Stock, par value $0.01 per share Award $0 +31.1K +49.34% $0.00 94.2K Jan 26, 2022 Direct F2
transaction AA Common Stock, par value $0.01 per share Tax liability -$815K -13.4K -14.25% $60.75 80.8K Jan 26, 2022 Direct F3
transaction AA Common Stock, par value $0.01 per share Sale -$525K -8.33K -10.32% $63.05 72.4K Jan 26, 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of restricted stock units, which are settled in stock upon vesting, generally on the third anniversary of the date of grant.
F2 Earned performance restricted stock units (PRSUs) granted in 2019.
F3 Represents the withholding of shares by the issuer to satisfy the reporting person's tax obligations upon the vesting of PRSUs granted in 2019.
F4 The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $62.9200 - $63.1950. 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.