Howmet Aerospace Inc. — Director's Dealing 2012

Apr 3, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALCOA INC (AA)
CIK: 0000004281
Period of Report: 2012-04-02

Reporting Person: RUSSO PATRICIA F (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-02	Phantom Stock Units	$	A	2805	Acquired		Common Stock (2805)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10000	Indirect

Footnotes

F1: Held by a trust for the benefit of the reporting person. The reporting person is the trustee of the trust.

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.