Alcoa Corp — Director's Dealing 2022

Jan 28, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Alcoa Corp (AA)
CIK: 0001675149
Period of Report: 2022-01-26

Reporting Person: Kahrs Benjamin D (EVP & Chief Innovation Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-26	Common Stock, par value $0.01 per share	A	2310	$0.00	Acquired	27280	Direct
2022-01-26	Common Stock, par value $0.01 per share	A	2890	$0.00	Acquired	30170	Direct
2022-01-26	Common Stock, par value $0.01 per share	A	9077	$0.00	Acquired	39247	Direct
2022-01-26	Common Stock, par value $0.01 per share	F	2561	$60.75	Disposed	36686	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-01-26	Phantom Stock Units	$	I	4817	Disposed		Common Stock (4817)	Direct

Footnotes

F1: Award of restricted stock units, which are settled in stock upon vesting, generally on the third anniversary of the date of grant.

F2: Earned performance restricted stock units (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 PRSUs granted in 2019.

F4: Each phantom stock unit is the economic equivalent of one share of Alcoa common stock.

F5: Phantom stock units under the Alcoa Deferred Compensation Plan (the "Plan") are paid out in cash after termination of employment. The reporting person may transfer the phantom stock units into an alternative investment account under the Plan at times permitted under the Plan.