Howmet Aerospace Inc. — Director's Dealing 2020

May 5, 2020

SEC Form 3/A — Form 3/A

Issuer: Howmet Aerospace Inc. (HWM)
CIK: 0000004281
Period of Report: 2020-04-01

Reporting Person: Oal Tolga I (Director, Co-Chief Executive Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	124928	Direct
Common Stock	1642	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock Units	$		Common Stock (2349)		Direct

Footnotes

F1: On April 1, 2020, Arconic Inc. completed the separation of its business into two independent, publicly-traded companies (the Separation): Howmet Aerospace Inc. and Arconic Corporation. An initial Form 3/A was filed on April 24, 2020 to reflect the total number of Howmet Aerospace Inc. shares underlying equity awards held by the reporting person after reflecting the adjustment of all Arconic Inc. equity awards held by the reporting person as of the Separation to relate to Howmet Aerospace Inc. common stock in a manner intended to preserve the aggregate intrinsic value of the original awards, in accordance with the Employee Matters Agreement, as amended, between Howmet Aerospace Inc. and Arconic Corporation.

F2: Phantom stock units were acquired under the Arconic 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.

F3: 1 For 1

F4: This Form 3 is being amended to reflect separation-related adjustments.