Jack A. Hockema - 07 Jun 2023 Form 4/A - Amendment Insider Report for KAISER ALUMINUM CORP (KALU)

Role
Director
Signature
/s/Cherrie I. Tsai, with power of attorney for Jack A. Hockema
Issuer symbol
KALU
Transactions as of
07 Jun 2023
Net transactions value
+$169,938
Form type
4/A - Amendment
Filing time
30 Jun 2023, 16:35:08 UTC
Date Of Original Report
09 Jun 2023
Previous filing
07 Mar 2023
Next filing
13 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KALU Common Stock, par value $0.01 per share Award $249,986 +3,963 $63.08 3,963 07 Jun 2023 Direct F1, F2
transaction KALU Common Stock, par value $0.01 per share Tax liability $80,049 -1,269 -32% $63.08 2,694 07 Jun 2023 Direct F2, F3
holding KALU Common Stock, par value $0.01 per share 29,909 07 Jun 2023 By Hockema Family Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock received by the reporting person under the Kaiser Aluminum Corporation 2021 Equity and Incentive Compensation Plan at such person's election in lieu of all or a portion of the reporting person's annual cash retainer for serving as a member of the Board of Directors of Kaiser Aluminum Corporation and Executive Chairman.
F2 Equal to the average closing price of the Issuer's common stock as reported by the Nasdaq Stock Market, LLC for the twenty trading days prior to June 7, 2023.
F3 Shares withheld to satisfy the withholding tax obligations resulting from the stock received by the reporting person under the Kaiser Aluminum Corporation 2021 Equity and Incentive Compensation Plan at such person's election in lieu of all or a portion of the reporting person's annual cash retainer for serving as a member of the Board of Directors of Kaiser Aluminum Corporation and Executive Chairman.

Remarks:

This amendment is being filed to reflect the number of shares withheld to satisfy the reporting person's withholding tax obligations and correct the amount of securities owned directly by the reporting person on the original Form 4 filed on June 9, 2023.