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Howmet Aerospace Inc. Director's Dealing 2020

Apr 24, 2020

29914_dirs_2020-04-24_1324a4a4-80f5-47bf-8711-c73ca710f08e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Howmet Aerospace Inc. (HWM)
CIK: 0000004281
Period of Report: 2020-04-23

Reporting Person: Marchuk Neil Edward (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-04-23 Common Stock F 14941 $13.2 Disposed 148555 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 10 Indirect

Footnotes

F1: Represents payment of tax liability by delivering or withholding shares incident to the vesting of a stock award issued in accordance with Rule 16b-3.

F2: 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. This Form 4 reflects 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.

F3: Shares held in a revocable trust, of which the reporting person is trustee and beneficiary, and has voting and investment power.