Howmet Aerospace Inc. — Director's Dealing 2003

Jul 23, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALCOA INC (AA)
CIK: 0000004281
Period of Report: 2003-07-22

Reporting Person: BELDA RICARDO E (Executive Vice President)

Footnotes

F1: Employee stock options are granted without payment of consideration.

F2: In the aggregate, a total of 563,921 employee stock options (with various exercise prices and expiration dates) were beneficially owned by the reporting person as of the date of this report.

F3: These are reload stock options granted in connection with the reporting person's exercise of outstanding options and payment of the option exercise costs by delivering to the Company (or selling) shares, as applicable, as reported herein.