Tammi A. Jones - Jan 26, 2022 Form 4 Insider Report for Alcoa Corp (AA)

Role
EVP & CHRO
Signature
/s/ Marissa P. Earnest, attorney-in-fact for Tammi A. Jones
Stock symbol
AA
Transactions as of
Jan 26, 2022
Transactions value $
-$478,645
Form type
4
Date filed
1/28/2022, 03:16 PM
Previous filing
Jan 26, 2022
Next filing
Jan 25, 2023

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 Award $0 +6.59K +16.12% $0.00 47.5K Jan 26, 2022 Direct F1
transaction AA Common Stock, par value $0.01 per share Options Exercise $33.5K +888 +1.87% $37.68 48.4K Jan 26, 2022 Direct
transaction AA Common Stock, par value $0.01 per share Options Exercise $155K +2.9K +6% $53.30 51.3K Jan 26, 2022 Direct
transaction AA Common Stock, par value $0.01 per share Sale -$584K -9.34K -18.22% $62.55 41.9K Jan 26, 2022 Direct F2
transaction AA Common Stock, par value $0.01 per share Award $0 +990 +14.98% $0.00 7.6K Jan 26, 2022 By Spouse F1
transaction AA Common Stock, par value $0.01 per share Options Exercise $90.6K +1.7K +22.37% $53.30 9.3K Jan 26, 2022 By Spouse
transaction AA Common Stock, par value $0.01 per share Options Exercise $56.8K +2.03K +21.83% $27.96 11.3K Jan 26, 2022 By Spouse
transaction AA Common Stock, par value $0.01 per share Sale -$230K -3.73K -32.92% $61.63 7.6K Jan 26, 2022 By Spouse F4
holding AA Common Stock, par value $0.01 per share 56 Jan 26, 2022 By Company 401(k) Plan F3

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 -888 -100% $0.00* 0 Jan 26, 2022 Common Stock 888 $37.68 Direct F5
transaction AA Employee Stock Option (right to buy) Options Exercise $0 -2.9K -100% $0.00* 0 Jan 26, 2022 Common Stock 2.9K $53.30 Direct F5
transaction AA Employee Stock Option (right to buy) Options Exercise $0 -1.7K -100% $0.00* 0 Jan 26, 2022 Common Stock 1.7K $53.30 By Spouse F5
transaction AA Employee Stock Option (right to buy) Options Exercise $0 -2.03K -100% $0.00* 0 Jan 26, 2022 Common Stock 2.03K $27.96 By Spouse F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of restricted stock units, which are settled in stock upon vesting, generally on the third anniversary of the date of grant.
F2 The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $62.4500 - $62.6100. 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.
F3 Fluctuations in 401(k) share amounts reflect the plan's unit reporting method; units represent interests in the Company's stock fund.
F4 The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $61.6150- $61.6290. 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.
F5 This option vested in equal installments over three years beginning on the date shown.