Jeffrey D. Heeter - Jan 25, 2023 Form 4 Insider Report for Alcoa Corp (AA)

Role
EVP & Gen. Counsel
Signature
/s/ Marissa P. Earnest, attorney-in-fact for Jeffrey D. Heeter
Stock symbol
AA
Transactions as of
Jan 25, 2023
Transactions value $
-$2,209,213
Form type
4
Date filed
1/27/2023, 03:20 PM
Previous filing
Jan 25, 2023
Next filing
Jan 31, 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 +7.67K +16.38% $0.00 54.5K Jan 25, 2023 Direct F1
transaction AA Common Stock, par value $0.01 per share Award $0 +65.9K +120.84% $0.00 120K Jan 25, 2023 Direct F2
transaction AA Common Stock, par value $0.01 per share Tax liability -$1.34M -25.7K -21.38% $52.19 94.6K Jan 25, 2023 Direct F3
transaction AA Common Stock, par value $0.01 per share Sale -$866K -16.7K -17.61% $51.95 78K Jan 25, 2023 Direct F4
* 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 Earned performance restricted stock units (PRSUs) granted in 2020.
F3 Represents the withholding of shares by the issuer to satisfy the reporting person's tax obligations upon the vesting of PRSUs granted in 2020.
F4 The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $51.8000 - $52.2400. 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.