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Howmet Aerospace Inc. Director's Dealing 2011

Jul 5, 2011

29914_dirs_2011-07-05_3f5269c8-1d03-48c1-a27c-1231a044b51e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALCOA INC (AA)
CIK: 0000004281
Period of Report: 2011-07-01

Reporting Person: GUERON JUDITH M (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-07-01 Phantom Stock Units $ A 368 Acquired Common Stock (368) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 15269.3987 Direct

Footnotes

F1: Includes shares acquired under the Alcoa Dividend Reinvestment Plan

F2: 1 For 1

F3: Phantom stock units were acquired under the Alcoa 2005 Deferred Fee Plan for Directors and are to be paid out in cash after Board service ends.

F4: This total includes phantom stock units held under the Alcoa 2005 Deferred Fee Plan for Directors that have been previously reported on the reporting person's Form 4 reports but were inadvertently omitted by the plan administrator (in the amount of 4,089 units at a price of $17.60/share) from the total as shown in column 9 of the reporting person's Form 4 report filed on April 4, 2011.