Timothy D. Reyes - Sep 13, 2021 Form 4 Insider Report for Alcoa Corp (AA)

Role
EVP & Chief Commercial Officer
Signature
Marissa P. Earnest, attorney-in-fact for Timothy D. Reyes
Stock symbol
AA
Transactions as of
Sep 13, 2021
Transactions value $
-$591,478
Form type
4
Date filed
9/15/2021, 04:18 PM
Next filing
Jan 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AA Common Stock, par value $0.01 per share Options Exercise $278K +7.39K +10.43% $37.68 78.2K Sep 13, 2021 Direct
transaction AA Common Stock, par value $0.01 per share Sale -$870K -17.4K -22.23% $50.02 60.8K Sep 13, 2021 Direct F1
holding AA Common Stock, par value $0.01 per share 604 Sep 13, 2021 By Company 401(k) Plan F2

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 AA Employee Stock Option (right to buy) Options Exercise $0 -7.39K -100% $0.00* 0 Sep 13, 2021 Common Stock 7.39K $37.68 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $49.7300 - $50.2400. The reporting person undertakes to provide to Alcoa Corporation, any security holder of Alcoa Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
F2 Fluctuations in 401(k) share amounts reflect the plan's unit reporting method; units represent interests in the Company's stock fund.
F3 This option vested in equal installments over three years beginning on the date shown.