Robert S. Wetherbee - Jan 3, 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
Stock symbol
ATI
Transactions as of
Jan 3, 2023
Transactions value $
-$889,314
Form type
4
Date filed
1/5/2023, 05:00 PM
Previous filing
Nov 3, 2022
Next filing
Feb 27, 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 +40.6K +12.66% $0.00 361K Jan 3, 2023 Direct F1, F2
transaction ATI Common Stock, par value $0.10 per share Tax liability -$508K -16.7K -4.63% $30.38 344K Jan 4, 2023 Direct F3, F4
transaction ATI Common Stock, par value $0.10 per share Tax liability -$381K -12.5K -3.64% $30.38 332K Jan 4, 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.