Erick R. Asmussen - Aug 5, 2021 Form 4 Insider Report for Arconic Corp (ARNC)

Signature
Adam Wheeler, Assistant General Counsel and Assistant Corporate Secretary, by Power of Attorney
Stock symbol
ARNC
Transactions as of
Aug 5, 2021
Transactions value $
$103,772
Form type
4
Date filed
8/9/2021, 07:03 PM
Previous filing
May 24, 2021
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARNC Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $65.2K +2K $32.62 2K Aug 5, 2021 By Company 401(k) Plan
holding ARNC Common Stock 120K Aug 5, 2021 Direct

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 ARNC Phantom Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $38.5K +1.17K $32.99 1.17K Aug 5, 2021 Common Stock 1.17K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom stock unit is the economic equivalent of one share of Arconic Corporation common stock.
F2 Phantom stock units were acquired under the Arconic Deferred Compensation Plan and are to be paid out in cash after termination of employment. The reporting person may transfer the phantom stock into an alternative investment account under the Plan at times permitted under the Plan.