4//SEC Filing
Vrablec Mark J 4
Accession 0001790982-21-000086
CIK 0001790982other
Filed
May 27, 8:00 PM ET
Accepted
May 28, 5:19 PM ET
Size
13.0 KB
Accession
0001790982-21-000086
Insider Transaction Report
Form 4
Arconic CorpARNC
Transactions
- Sale
Common Stock
2021-05-26$35.40/sh−5,500$194,700→ 13,904 total(indirect: By Trust) - Discretionary Transaction
Phantom Stock
2021-05-26$35.34/sh+5,349$189,034→ 6,133 total(indirect: By Company Deferred Compensation Plan)→ Common Stock (5,349 underlying) - Sale
Common Stock
2021-05-26$35.40/sh−5,000$177,002→ 11,000 total(indirect: By Trust) - Discretionary Transaction
Common Stock
2021-05-26$35.44/sh+10,500$372,120→ 12,437 total(indirect: By 401(k)) - Sale
Common Stock
2021-05-28$35.25/sh−5,300$186,826→ 8,604 total(indirect: By Trust)
Footnotes (3)
- [F1]Mr. Vrablec engaged in the reported transactions in the context of rebalancing various components of his investment portfolio while maintaining his aggregate investment in Arconic Corporation (the Company). Mr. Vrablec sold 15,800 shares held indirectly in personal trusts and entered into offsetting purchases of 10,500 shares in his 401(k) plan account and 5,349 shares in his deferred compensation plan account. Mr. Vrablec notified the Company prior to effecting the foregoing transactions, and reimbursed the Company in the amount of $322.94, which is the total amount of short swing profits resulting from the foregoing transactions. Such reimbursement constitutes the recovery by the Company of short swing profits in accordance with Section 16(b) of the Securities and Exchange Act of 1934, and does not constitute an admission by Mr. Vrablec of the use of, or intent to use, material non-public information or other information obtained by him by reason of his relationship with the Company in effecting the foregoing transactions.
- [F2]Each phantom stock unit is the economic equivalent of one share of Arconic Corporation common stock.
- [F3]Phantom stock units were acquired under the Arconic Corporation Deferred Compensation Plan and are to be paid out in cash after termination of employment. The reporting person may transfer the phantom stock into an alternative investment account under the Plan at times permitted under the Plan.
Documents
Issuer
Arconic Corp
CIK 0001790982
Entity typeother
Related Parties
1- filerCIK 0001806213
Filing Metadata
- Form type
- 4
- Filed
- May 27, 8:00 PM ET
- Accepted
- May 28, 5:19 PM ET
- Size
- 13.0 KB