Wieser Helmut 4
4 · ALCOA INC · Filed Jan 24, 2011
Insider Transaction Report
Form 4
Wieser Helmut
Executive Vice President
Transactions
- Award
Employee Stock Option (right to buy)
2011-01-20+160,680→ 160,680 totalExercise: $13.54Exp: 2020-01-26→ Common Stock (160,680 underlying) - Award
Common Stock
2011-01-20+17,300→ 145,436 total
Holdings
- 3,051(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]The option vests in three annual installments as follows: 1/3 vests on January 26, 2011, 1/3 vests on January 26, 2012 and 1/3 vests on January 26, 2013.
- [F2]Employee stock options are granted without payment of consideration.
- [F3]On January 26, 2010, the reporting person was granted a performance stock option at a target level of 160,680 shares, with the actual number to be received to be based on Alcoa's free cash flow and profit performance for 2010. Based on the calculation of Alcoa's performance for 2010, the reporting person received on January 20, 2011 an option to purchase 160,680 shares of Alcoa common stock.
- [F4]In the aggregate, a total of 975,900 employee stock options (with various exercise prices and expiration dates) were beneficially owned by the reporting person as of the date of this report.