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ATI INC — Director's Dealing 2022
Mar 25, 2022
30560_dirs_2022-03-25_f1a9a40f-ee94-4ee5-9095-55407fb31358.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: ALLEGHENY TECHNOLOGIES INC (ATI)
CIK: 0001018963
Period of Report: 2022-01-04
Reporting Person: WETHERBEE ROBERT S (Director, Board Chair, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-04 | Common Stock, par value $0.10 per share | F | 17776 | $16.74 | Disposed | 288703.3409 | Direct |
| 2022-01-04 | Common Stock, par value $0.10 per share | A | 95608 | $0.00 | Acquired | 384311.3409 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-01-04 | Performance Stock Unit | $ | A | 128205 | Acquired | 2025-12-31 | Common Stock (128205) | Direct |
Footnotes
F1: Shares withheld for payment of taxes on restricted stock units awarded on January 4, 2021. One-third of such restricted stock units vested by their terms on January 4, 2022.
F2: Represents the average of the high and low trading prices for one share of the Issuer's common stock on the New York Stock Exchange ("NYSE") on January 4, 2022.
F3: Award of restricted stock units, which are settled in shares of stock upon vesting. The award vests in three equal annual installments on each of the first three anniversaries of the grant date.
F4: Awarded under ATI's 2020 Incentive Plan.
F5: Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of the Issuer's Common Stock if the Issuer's Common Stock achieves a specified target market price (based on a 20-trading day average) on the NYSE for at least 20 consecutive trading days ("20-Day Average Market Price") prior to December 31, 2025. Each PSU may result in the right to receive additional shares of the Issuer's Common Stock, up to a maximum of three shares per PSU, to the extent that the Issuer's Common Stock achieves 20-Day Average Market Prices at specified levels in excess of the target market price prior to December 31, 2025. Vested shares, if any, generally are payable in two equal installments in early 2026 and early 2027.