Alcoa Corp — Director's Dealing 2022

Feb 24, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Alcoa Corp (AA)
CIK: 0001675149
Period of Report: 2022-02-22

Reporting Person: Slaven John D (EVP & Chief Operations Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-22	Common Stock, par value $0.01 per share	A	29754	$0.00	Acquired	91324	Direct
2022-02-22	Common Stock, par value $0.01 per share	F	11709	$74.09	Disposed	79615	Direct
2022-02-22	Common Stock, par value $0.01 per share	F	2692	$74.09	Disposed	76923	Direct
2022-02-24	Common Stock, par value $0.01 per share	M	6133	$29.24	Acquired	83056	Direct
2022-02-24	Common Stock, par value $0.01 per share	S	28326	$75.3287	Disposed	54730	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-24	Employee Stock Option (right to buy)	$29.24	M	6133	Disposed	2029-02-20	Common Stock (6133)	Direct

Footnotes

F1: Earned performance restricted stock units (PRSUs) granted in 2019.

F2: Represents the withholding of shares by the issuer to satisfy the reporting person's tax obligations upon the vesting of PRSUs granted in 2019.

F3: Represents the withholding of shares by the issuer to satisfy the reporting person's tax obligations upon the vesting of restricted stock units granted in 2019.

F4: The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $75.17 - $75.65. 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 was part of an option grant that vested in three annual installments beginning on the date shown. The installment exercised by the reporting person as reported herein vested on February 20, 2022.