KAISER ALUMINUM CORP — Director's Dealing 2017

Jan 5, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KAISER ALUMINUM CORP (KALU)
CIK: 0000811596
Period of Report: 2016-12-30

Reporting Person: Krouse Mark (VP - Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-30	Common Stock, par value $0.01 per share	F	557	$77.69	Disposed	5266	Direct

Footnotes

F1: Shares withheld to satisfy the withholding tax obligations resulting from the recognition of income with respect to the outstanding grant of restricted stock to the reporting person effective March 5, 2014 under the Kaiser Aluminum Corporation 2006 Equity and Performance Incentive Plan, as amended, upon the reporting person reaching age 65 on December 30, 2016 and such shares no longer being subject to a substantial risk of forfeiture for tax purposes.

F2: The acquisition of 1,395 shares was inadvertently reported as a grant of restricted stock on the reporting person's prior Form 4. Such shares were acquired pursuant to a grant of restricted stock units. These restricted stock units have the same vesting terms as previously reported.