GHOSN CARLOS 4
4 · ALCOA INC · Filed Nov 17, 2009
Insider Transaction Report
Form 4
GHOSN CARLOS
Director
Transactions
- Exercise/Conversion
Common Stock
2009-11-13+50→ 50 total - Disposition to Issuer
Common Stock
2009-11-13$13.18/sh−35$461→ 0 total - Exercise/Conversion
Restricted Stock Units
2009-11-13−50→ 0 totalFrom: 2009-11-13Exp: 2009-11-13→ Common Stock (50 underlying) - Tax Payment
Common Stock
2009-11-13$13.18/sh−15$198→ 35 total
Holdings
- 54,296
Phantom Stock Units
→ Common Stock
Footnotes (3)
- [F1]Each restricted stock unit granted on November 13, 2008 under the Directors Plan: "You Make a Difference Award" represented a contingent right to receive the cash value of one share of Alcoa Inc. common stock on a 1-for-1 basis after a one-year vesting period. All of the units were settled for cash upon vesting on November 13, 2009.
- [F2]Represents payment of tax liability by withholding equivalent shares incident to the vesting of the restricted stock units reported in Table II.
- [F3]The reporting person holds phantom stock units under the 2005 (or prior) Alcoa Deferred Fee Plan for Directors. Such units are the economic equivalent of one share of Alcoa Inc. common stock and are to be paid out in cash after Board service ends.