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

Role
EVP & Gen. Counsel
Signature
/s/ Marissa P. Earnest, attorney-in-fact for Jeffrey D. Heeter
Issuer symbol
AA
Transactions as of
26 Jan 2022
Net transactions value
-$1,340,670
Form type
4
Filing time
28 Jan 2022, 15:14:24 UTC
Previous filing
26 Jan 2022
Next filing
04 Feb 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 Award $0 +6,590 +12% $0.000000 63,062 26 Jan 2022 Direct F1
transaction AA Common Stock, par value $0.01 per share Award $0 +31,117 +49% $0.000000 94,179 26 Jan 2022 Direct F2
transaction AA Common Stock, par value $0.01 per share Tax liability $815,326 -13,421 -14% $60.75 80,758 26 Jan 2022 Direct F3
transaction AA Common Stock, par value $0.01 per share Sale $525,344 -8,332 -10% $63.05 72,426 26 Jan 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.