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: Harvey Roy Christopher (Director, President, CEO & Director)

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	52680	$0.00	Acquired	560010	Direct
2022-01-26	Common Stock, par value $0.01 per share	A	248936	$0.00	Acquired	808946	Direct
2022-01-26	Common Stock, par value $0.01 per share	F	108222	$60.75	Disposed	700724	Direct
2022-01-26	Common Stock, par value $0.01 per share	M	27474	$34.83	Acquired	728198	Direct
2022-01-26	Common Stock, par value $0.01 per share	M	88360	$37.68	Acquired	816558	Direct
2022-01-26	Common Stock, par value $0.01 per share	M	73290	$53.30	Acquired	889848	Direct
2022-01-26	Common Stock, par value $0.01 per share	M	49023	$27.96	Acquired	938871	Direct
2022-01-26	Common Stock, par value $0.01 per share	S	197310	$60.5424	Disposed	741561	Direct
2022-01-26	Common Stock, par value $0.01 per share	S	40837	$60.9823	Disposed	700724	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-01-26	Employee Stock Option (right to buy)	$34.83	M	27474	Disposed	2025-01-20	Common Stock (27474)	Direct
2022-01-26	Employee Stock Option (right to buy)	$37.68	M	88360	Disposed	2027-02-02	Common Stock (88360)	Direct
2022-01-26	Employee Stock Option (right to buy)	$53.30	M	73290	Disposed	2028-01-24	Common Stock (73290)	Direct
2022-01-26	Employee Stock Option (right to buy)	$27.96	M	49023	Disposed	2029-01-24	Common Stock (49023)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $0.01 per share	873	Indirect

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: The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $59.9100 - $60.9000. 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: The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $60.9100 - $61.2000. 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.

F6: Fluctuations in 401(k) share amounts reflect the plan's unit reporting method; units represent interests in the Company's stock fund.

F7: This option vested in equal installments over three years beginning on the date shown.