Howmet Aerospace Inc. — Director's Dealing 2015

Oct 2, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALCOA INC. (AA)
CIK: 0000004281
Period of Report: 2015-10-01

Reporting Person: RUSSO PATRICIA F (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-10-01	Phantom Stock Units	$	A	3741	Acquired		Common Stock (3741)	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: Each phantom stock unit is the economic equivalent of one share of Alcoa common stock.

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.