Kahrs Benjamin D 4
4 · Alcoa Corp · Filed Jan 28, 2022
Insider Transaction Report
Form 4
Kahrs Benjamin D
EVP, Chief Innovation Officer
Transactions
- Award
Common Stock, par value $0.01 per share
2022-01-26+2,310→ 27,280 total - Award
Common Stock, par value $0.01 per share
2022-01-26+2,890→ 30,170 total - Award
Common Stock, par value $0.01 per share
2022-01-26+9,077→ 39,247 total - Tax Payment
Common Stock, par value $0.01 per share
2022-01-26$60.75/sh−2,561$155,581→ 36,686 total - Discretionary Transaction
Phantom Stock Units
2022-01-26$61.77/sh−4,817$297,522→ 0 total→ Common Stock (4,817 underlying)
Footnotes (5)
- [F1]Award of restricted stock units, which are settled in stock upon vesting, generally on the third anniversary of the date of grant.
- [F2]Earned performance restricted stock units (PRSUs) granted in 2019.
- [F3]Represents the withholding of shares by the issuer to satisfy the reporting person's tax obligations upon the vesting of PRSUs granted in 2019.
- [F4]Each phantom stock unit is the economic equivalent of one share of Alcoa common stock.
- [F5]Phantom stock units under the Alcoa Deferred Compensation Plan (the "Plan") are paid out in cash after termination of employment. The reporting person may transfer the phantom stock units into an alternative investment account under the Plan at times permitted under the Plan.