Elliot S. Davis - 03 Jan 2023 Form 4 Insider Report for ATI INC (ATI)

Signature
/s/ Elliot S. Davis
Issuer symbol
ATI
Transactions as of
03 Jan 2023
Net transactions value
-$290,463
Form type
4
Filing time
05 Jan 2023, 16:54:34 UTC
Previous filing
08 Dec 2022
Next filing
10 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATI Common Stock, par value $0.10 per share Award $0 +10,453 +6.5% $0.000000 170,803 03 Jan 2023 Direct F1, F2
transaction ATI Common Stock, par value $0.10 per share Tax liability $185,196 -6,096 -3.6% $30.38 164,707 04 Jan 2023 Direct F3, F4
transaction ATI Common Stock, par value $0.10 per share Tax liability $105,267 -3,465 -2.1% $30.38 161,242 04 Jan 2023 Direct F4, 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 shares of stock upon vesting. The award vests in three equal annual installments on each of the first three anniversaries of the grant date.
F2 Awarded under ATI's 2022 Incentive Plan.
F3 Shares withheld for payment of taxes on restricted stock units awarded on January 4, 2021. One-third of such restricted stock units vested by their terms on January 4, 2023.
F4 Represents the average of the high and low trading prices for one share of the Issuer's common stock on the New York Stock Exchange ("NYSE") on January 4, 2023.
F5 Shares withheld for payment of taxes on restricted stock units awarded on January 4, 2022. One-third of such restricted stock units vested by their terms on January 4, 2023.