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Howmet Aerospace Inc. — Director's Dealing 2011
Jun 1, 2011
29914_dirs_2011-06-01_3b63369d-afb8-412f-a0fe-712d43260b97.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: 2011-05-27
Reporting Person: Wieser Helmut (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-05-31 | Common Stock | M | 50000 | $8.33 | Acquired | 195436 | Direct |
| 2011-05-31 | Common Stock | S | 70000 | $16.5295 | Disposed | 125436 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-05-27 | Phantom Stock Units | $ | A | 46 | Acquired | Common Stock (46) | Direct | |
| 2011-05-31 | Employee Stock Option (right to buy) | $8.33 | M | 50000 | Disposed | 2015-01-23 | Common Stock (50000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3952 | Indirect |
Footnotes
F1: The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $16.51 to $16.56. The reporting person undertakes to provide to Alcoa Inc., any security holder of Alcoa Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
F2: 1 For 1
F3: Phantom stock units were acquired under the Alcoa Deferred Compensation Plan and are to be paid out in cash after termination of employment. The reporting person may transfer the phantom stock into an alternative investment account under the Plan at times permitted under the Plan.
F4: The option, representing on the date of grant a right to purchase a total of 493,200 shares, is exercisable in three equal annual installments beginning on January 23, 2010, which was the first anniversary of the date of grant.
F5: Employee stock options are granted without payment of consideration.
F6: In the aggregate, a total of 892,440 employee stock options (with various exercise prices and expiration dates) were beneficially owned by the reporting person as of the date of this report.