Howmet Aerospace Inc. — Director's Dealing 2013

Jan 18, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALCOA INC (AA)
CIK: 0000004281
Period of Report: 2013-01-16

Reporting Person: Jarrault Olivier M (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-01-16	Common Stock	A	19839	—	Acquired	96341	Direct
2013-01-16	Common Stock	A	55750	—	Acquired	152091	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-01-16	Employee Stock Option (right to buy)	$8.88	A	164290	Acquired	2023-01-16	Common Stock (164290)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13528	Indirect

Footnotes

F1: The option vests in three equal annual installments beginning January 16, 2014.

F2: Employee stock options are granted without payment of consideration.

F3: In the aggregate, a total of 422,824 employee stock options (with various exercise prices and expiration dates) were beneficially owned by the reporting person as of the date of this report.