ROBERT S. WETHERBEE - 03 Jan 2023 Form 4 Insider Report for ATI INC (ATI)

Role
Board Chair, President and CEO, Director
Signature
/s/ Elliot S. Davis, Attorney-in-Fact for Robert S. Wetherbee
Issuer symbol
ATI
Transactions as of
03 Jan 2023
Net transactions value
-$889,314
Form type
4
Filing time
05 Jan 2023, 17:00:45 UTC
Previous filing
03 Nov 2022
Next filing
27 Feb 2023
SEC
View on sec.gov

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 +40,595 +13% $0.000000 361,155 03 Jan 2023 Direct F1, F2
transaction ATI Common Stock, par value $0.10 per share Tax liability $508,318 -16,732 -4.6% $30.38 344,423 04 Jan 2023 Direct F3, F4
transaction ATI Common Stock, par value $0.10 per share Tax liability $380,996 -12,541 -3.6% $30.38 331,882 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.