John D. Slaven - Feb 22, 2022 Form 4 Insider Report for Alcoa Corp (AA)

Role
EVP & Chief Operations Officer
Signature
/s/ Marissa P. Earnest, attorney-in-fact for John D. Slaven
Stock symbol
AA
Transactions as of
Feb 22, 2022
Transactions value $
-$3,021,402
Form type
4
Date filed
2/24/2022, 04:01 PM
Previous filing
Feb 8, 2022
Next filing
Jan 25, 2023

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 +29.8K +48.33% $0.00 91.3K Feb 22, 2022 Direct F1
transaction AA Common Stock, par value $0.01 per share Tax liability -$868K -11.7K -12.82% $74.09 79.6K Feb 22, 2022 Direct F2
transaction AA Common Stock, par value $0.01 per share Tax liability -$199K -2.69K -3.38% $74.09 76.9K Feb 22, 2022 Direct F3
transaction AA Common Stock, par value $0.01 per share Options Exercise $179K +6.13K +7.97% $29.24 83.1K Feb 24, 2022 Direct
transaction AA Common Stock, par value $0.01 per share Sale -$2.13M -28.3K -34.1% $75.33 54.7K Feb 24, 2022 Direct F4

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 -6.13K -100% $0.00* 0 Feb 24, 2022 Common Stock 6.13K $29.24 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Earned performance restricted stock units (PRSUs) granted in 2019.
F2 Represents the withholding of shares by the issuer to satisfy the reporting person's tax obligations upon the vesting of 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 restricted stock units 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 $75.17 - $75.65. 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 was part of an option grant that vested in three annual installments beginning on the date shown. The installment exercised by the reporting person as reported herein vested on February 20, 2022.