Howmet Aerospace Inc. — Director's Dealing 2014

Jul 24, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALCOA INC (AA)
CIK: 0000004281
Period of Report: 2014-07-23

Reporting Person: Wilt Robert G (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-23	Common Stock	M	16867	$8.33	Acquired	120126	Direct
2014-07-23	Common Stock	S	11458	$17.07	Disposed	108668	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-07-23	Employee Stock Option (right to buy)	$8.33	M	16867	Disposed	2015-01-23	Common Stock (16867)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5137	Indirect

Footnotes

F1: The option, representing a right to purchase a total of 50,600 shares, became exercisable in three equal annual installments beginning on January 23, 2010, which was the first anniversary of the date on which the option was granted.

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