Schwartz Karl D 4
4 · ALLEGHENY TECHNOLOGIES INC · Filed Feb 28, 2022
Insider Transaction Report
Form 4
Schwartz Karl D
Controller & Princ. Acctg Off.
Transactions
- Tax Payment
Common Stock, par value $0.10 per share
2022-02-24$23.54/sh−585$13,771→ 69,185.561 total - Tax Payment
Common Stock, par value $0.10 per share
2022-02-24$23.54/sh−1,017$23,940→ 68,168.561 total - Award
Common Stock, par value $0.10 per share
2022-02-24+1,281→ 69,770.561 total
Footnotes (5)
- [F1]Settlement of performance-vested restricted stock units that were granted in 2019, the vesting of which was contingent upon the Issuer's achievement of specified performance criteria during the period form January 1, 2019 through December 31, 2021 (the "2019-2021 PSUs"). The shares underlying the 2019-2021 PSUs became payable as of February 24, 2022 following certification of the Issuer's achievement of such performance criteria by the Personnel and Compensation Committee of the Issuer's Board of Directors.
- [F2]This amount includes 6,176.5067 shares of common stock that Mr. Schwartz owns in the Company's 401(k) Plan. Fluctuations in 401(k) share amounts reflect the Plan's unit reporting method. Mr. Schwartz holds approximately 5,190.5135 units, which represent interests in the Company's stock fund.
- [F3]Shares withheld for payment of taxes in connection with the February 24, 2022 settlement of the 2019-2021 PSUs.
- [F4]Represents the average of the high and low trading prices for one share of the Issuer's common stock on the New York Stock Exchange on February 24, 2022.
- [F5]Shares withheld for payment of taxes on restricted stock units awarded on February 24, 2020. One-third of such restricted stock units vested by their terms on February 24, 2022.