ATI INC — Director's Dealing 2012

Nov 29, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLEGHENY TECHNOLOGIES INC (ATI)
CIK: 0001018963
Period of Report: 2012-11-27

Reporting Person: HARSHMAN RICHARD J (Director, Chairman, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-27	Common Stock, $0.10 par value	M	10000	$5.70	Acquired	261378.1686	Direct
2012-11-27	Common Stock, $0.10 par value	M	5000	$3.625	Acquired	266378.1686	Direct
2012-11-27	Common Stock, $0.10 par value	S	5	$26.26	Disposed	266373.1686	Direct
2012-11-27	Common Stock, $0.10 par value	S	4157	$26.2536	Disposed	262216.1686	Direct
2012-11-27	Common Stock, $0.10 par value	S	808	$26.25	Disposed	261408.1686	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-27	Employee Stock Option, right to buy	$5.70	M	10000	Disposed	2013-01-24	Common Stock, $0.10 par value (10000)	Direct
2012-11-27	Employee Stock Option, right to buy	$3.625	M	5000	Disposed	2013-02-12	Common Stock, $0.10 par value (5000)	Direct

Footnotes

F1: This amount includes 25,687 shares of common stock owned indirectly by Mr. Harshman's wife. The reporting person disclaims beneficial ownership of the shares directly or indirectly by his spouse, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for the purposes of Section 16 or for any other purpose.

F2: The options vested in three equal installments on January 24, 2004, 2005, and 2006.

F3: The options vested in three equal installments on February 12, 2004, 2005, and 2006.