Jason Walsh - Mar 5, 2022 Form 4 Insider Report for KAISER ALUMINUM CORP (KALU)

Role
SVP - Manufacturing
Signature
/s/ Cherrie I. Tsai, with power of attorney for Jason D. Walsh
Stock symbol
KALU
Transactions as of
Mar 5, 2022
Transactions value $
-$36,435
Form type
4
Date filed
3/8/2022, 04:40 PM
Next filing
Apr 15, 2022

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 $0 +1.56K +4.5% $0.00 36.3K Mar 5, 2022 Direct F1, F2
transaction KALU Common Stock, par value $0.01 per share Award $0 +395 +1.09% $0.00 36.7K Mar 5, 2022 Direct F2, F3
transaction KALU Common Stock, par value $0.01 per share Tax liability -$11.3K -119 -0.32% $95.13 36.6K Mar 5, 2022 Direct F2, F4
transaction KALU Common Stock, par value $0.01 per share Tax liability -$25.1K -264 -0.72% $95.13 36.3K Mar 5, 2022 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant to the reporting person effective as of March 5, 2022 of restricted stock units under the Kaiser Aluminum Corporation 2021 Equity and Incentive Compensation Plan. All restrictions will lapse on March 5, 2025 or earlier upon the occurrence of certain specified circumstances.
F2 Includes 30,267 shares acquired pursuant to grants of restricted stock units.
F3 Shares earned upon the vesting on March 5, 2022 of certain performance shares granted to the reporting person in 2019 under the Kaiser Aluminum Corporation 2016 Equity and Incentive Compensation Plan. On March 5, 2022, the Registrant's compensation committee certified the performance shares payout multiplier based on the level of achievement by the Registrant of certain pre-established performance goals for 2019 through 2021.
F4 Shares withheld to satisfy the withholding tax obligations resulting from the vesting on March 5, 2022 of the above-referenced performance shares.
F5 Shares withheld to satisfy the withholding tax obligations resulting from the vesting on March 5, 2022 of certain shares granted to the reporting person in 2019 under the Kaiser Aluminum Corporation 2016 Equity and Incentive Compensation Plan.
F6 Includes 29,198 shares acquired pursuant to grants of restricted stock units.