Donald P. Newman - 09 Jan 2024 Form 4 Insider Report for ATI INC (ATI)

Reporting relationship: EVP and CFO
Issuer ticker: ATI
Reported as of: 09 Jan 2024
Net transaction value: -$1,570,789
SEC form: 4
Accepted by SEC: 11 Jan 2024, 16:16:54 UTC
Prior SEC filing: 05 Jan 2024
Next SEC filing: 19 Aug 2024
Source filing: View source filing
Reporting owner signature: /s/ Amanda J. Skov, Attorney-in-Fact for Donald P. Newman

Key filing fact

Donald P. Newman filed Form 4 for ATI INC (ATI) on 11 Jan 2024.

Key facts

This page summarizes Donald P. Newman's Form 4 filing for ATI INC (ATI).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 11 Jan 2024, 16:16.

Change

Previous filing in this sequence was filed on 05 Jan 2024.
Current net transaction value: -$1,570,789.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ATI transaction

Common Stock, par value $0.10 per share

Award

Transaction value: $0
Shares: +90,953
Change %: +66%
Price: $0.000000
Shares after: 227,909
Date: 09 Jan 2024
Ownership: Direct
Footnotes: F1

ATI transaction

Common Stock, par value $0.10 per share

Tax liability

Transaction value: $1,570,789
Shares: -37,012
Change %: -16%
Price: $42.44
Shares after: 190,897
Date: 09 Jan 2024
Ownership: Direct
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Settlement of performance-vested restricted stock units that were granted in 2021, the vesting of which was contingent upon the Issuer's total shareholder return relative to a specified peer group during the period from January 1, 2021 through December 31, 2023 (the "2021-2023 PSUs"). The shares underlying the 2021-2023 PSUs became payable as of January 9, 2024 following certification of the Issuer's achievement of the relevant performance criteria by the Compensation and Leadership Development Committee of the Issuer's Board of Directors.

Footnote F2

Shares withheld for payment of taxes in connection with the January 9, 2024 settlement of the 2021-2023 PSUs.

Footnote F3

Represents the average of the high and low trading prices for one share of the Issuer's common stock on the New York Stock Exchange on January 9, 2024.