Alcoa Corp — Director's Dealing 2022

Jan 26, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Alcoa Corp (AA)
CIK: 0001675149
Period of Report: 2022-01-24

Reporting Person: Heeter Jeffrey D. (EVP & Gen. Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-24	Common Stock, par value $0.01 per share	F	2127	$58.02	Disposed	56472	Direct
2022-01-25	Common Stock, par value $0.01 per share	M	12050	$37.68	Acquired	68522	Direct
2022-01-25	Common Stock, par value $0.01 per share	M	11260	$53.30	Acquired	79782	Direct
2022-01-25	Common Stock, par value $0.01 per share	M	6130	$27.96	Acquired	85912	Direct
2022-01-25	Common Stock, par value $0.01 per share	S	29440	$60.3097	Disposed	56472	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-01-25	Employee Stock Option (right to buy)	$37.68	M	12050	Disposed	2027-02-02	Common Stock (12050)	Direct
2022-01-25	Employee Stock Options (right to buy)	$53.30	M	11260	Disposed	2028-01-24	Common Stock (11260)	Direct
2022-01-25	Employee Stock Option (right to buy)	$27.96	M	6130	Disposed	2029-01-24	Common Stock (6130)	Direct

Footnotes

F1: Represents the withholding of shares by the issuer to satisfy the reporting person's tax obligations upon the vesting of restricted share units granted in 2019.

F2: The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $60.1000 - $60.5000. 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: This option vested in equal installments over three years beginning on the date shown.