Tammi A. Jones - 26 Jan 2022 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
26 Jan 2022
Net transactions value
-$478,645
Form type
4
Filing time
28 Jan 2022, 15:16:52 UTC
Previous filing
26 Jan 2022
Next filing
25 Jan 2023
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 +16% $0.000000 47,482 26 Jan 2022 Direct F1
transaction AA Common Stock, par value $0.01 per share Options Exercise $33,460 +888 +1.9% $37.68 48,370 26 Jan 2022 Direct
transaction AA Common Stock, par value $0.01 per share Options Exercise $154,570 +2,900 +6% $53.30 51,270 26 Jan 2022 Direct
transaction AA Common Stock, par value $0.01 per share Sale $584,171 -9,340 -18% $62.55 41,930 26 Jan 2022 Direct F2
transaction AA Common Stock, par value $0.01 per share Award $0 +990 +15% $0.000000 7,599 26 Jan 2022 By Spouse F1
transaction AA Common Stock, par value $0.01 per share Options Exercise $90,610 +1,700 +22% $53.30 9,299 26 Jan 2022 By Spouse
transaction AA Common Stock, par value $0.01 per share Options Exercise $56,759 +2,030 +22% $27.96 11,329 26 Jan 2022 By Spouse
transaction AA Common Stock, par value $0.01 per share Sale $229,872 -3,730 -33% $61.63 7,599 26 Jan 2022 By Spouse F4
holding AA Common Stock, par value $0.01 per share 56 26 Jan 2022 By Company 401(k) Plan F3

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 -888 -100% $0.000000* 0 26 Jan 2022 Common Stock 888 $37.68 Direct F5
transaction AA Employee Stock Option (right to buy) Options Exercise $0 -2,900 -100% $0.000000* 0 26 Jan 2022 Common Stock 2,900 $53.30 Direct F5
transaction AA Employee Stock Option (right to buy) Options Exercise $0 -1,700 -100% $0.000000* 0 26 Jan 2022 Common Stock 1,700 $53.30 By Spouse F5
transaction AA Employee Stock Option (right to buy) Options Exercise $0 -2,030 -100% $0.000000* 0 26 Jan 2022 Common Stock 2,030 $27.96 By Spouse F5
* 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 The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $62.4500 - $62.6100. 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.
F3 Fluctuations in 401(k) share amounts reflect the plan's unit reporting method; units represent interests in the Company's stock fund.
F4 The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $61.6150- $61.6290. 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.
F5 This option vested in equal installments over three years beginning on the date shown.