Jimmy Williams Jr. - 23 Feb 2023 Form 4 Insider Report for ATI INC (ATI)

Role
SVP, CTO
Signature
/s/ Amanda J. Skov, Attorney-in-Fact for Jimmy Williams
Issuer symbol
ATI
Transactions as of
23 Feb 2023
Net transactions value
$0
Form type
4
Filing time
27 Feb 2023, 17:01:09 UTC
Previous filing
05 Jan 2023
Next filing
05 Jan 2024
SEC
View on sec.gov

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 ATI Performance Stock Unit Award $0 +38,461 $0.000000 38,461 23 Feb 2023 Common Stock 38,461 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of the Issuer's Common Stock if the Issuer's Common Stock achieves a specified target market price (based on a 20-trading day average) on the NYSE for at least 20 consecutive trading days ("20-Day Average Market Price") prior to December 31, 2025. Each PSU may result in the right to receive additional shares of the Issuer's Common Stock, up to a maximum of three shares per PSU, to the extent that the Issuer's Common Stock achieves 20-Day Average Market Prices at specified levels in excess of the target market price prior to December 31, 2025. Vested shares, if any, generally are payable in two equal installments in early 2026 and early 2027.
F2 Awarded under ATI's 2022 Incentive Plan.