Alfred E. Osborne Jr - Jun 2, 2021 Form 4 Insider Report for KAISER ALUMINUM CORP (KALU)

Role
Director
Signature
/s/ Cherrie I. Tsai, with power of attorney for Alfred E. Osborne, Jr.
Stock symbol
KALU
Transactions as of
Jun 2, 2021
Transactions value $
-$237,366
Form type
4
Date filed
6/4/2021, 07:09 PM
Next filing
Jul 2, 2021

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 Sale -$332K -2.5K -12.55% $132.95 17.4K Jun 2, 2021 Direct F1
transaction KALU Common Stock, par value $0.01 per share Award $0 +952 +5.47% $0.00 18.4K Jun 3, 2021 Direct F2
transaction KALU Common Stock, par value $0.01 per share Award $95K +724 +3.94% $131.21 19.1K Jun 3, 2021 Direct F3, F4
holding KALU Common Stock, par value $0.01 per share 3.5K Jun 2, 2021 By Keogh Plan
holding KALU Common Stock, par value $0.01 per share 500 Jun 2, 2021 By the Rahnasto/Osborne Revocable Trust U/A DTD 11/07/1999
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the sale of 2,500 shares in multiple transactions, ranging from $132.820 to $133.030 per share, resulting in a weighted average sale price of $132.945 per share. The reporting person undertakes to provide upon request by the SEC staff, the Registrant, or a security holder of the Registrant, full information regarding the number of shares sold at each separate price within the range.
F2 Grant to the reporting person of restricted stock under the Kaiser Aluminum Corporation 2021 Equity and Incentive Compensation Plan. All restrictions will lapse on June 3, 2022.
F3 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, lead independent director or chair of a committee of the Board of Directors.
F4 Equal to the average of the closing prices of the Issuer's common stock as reported by the Nasdaq Stock Market, LLC for the twenty trading days prior to June 3, 2021.