ATI INC — Director's Dealing 2017

Jan 31, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLEGHENY TECHNOLOGIES INC (ATI)
CIK: 0001018963
Period of Report: 2017-01-27

Reporting Person: Schwartz Karl D (VP, Controller & CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-27	Common Stock, $0.10 par value	A	2936	$0.00	Acquired	43030.6581	Direct
2017-01-27	Common Stock, $0.10 par value	F	1081	$21.75	Disposed	41949.6581	Direct
2017-01-27	Common Stock, $0.10 par value	D	2663.2998	$21.75	Disposed	39286.3583	Direct

Footnotes

F1: Shares awarded under the Company's 2014-2016 Total Shareholder Return Program ("TSR").

F2: This amount includes 6,194.0360 shares of common stock Mr. Schwartz owns in the Company's 401(k) plan. Fluctuations in 401(k) share amounts reflect the plan's unit reporting method. The reporting person holds approximately 5,191.6820 units, which represent interests in the Company's stock fund.

F3: Shares withheld for payment of taxes on the 2014-2016 TSR award paid on January 27, 2017 as described in footnote 1 above.

F4: Forfeiture of restricted shares, including accumulated dividends, granted under the 2014 Performance/Restricted Stock Program.