SEC Form 4
FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol Alcoa Corp [ AA ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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3. Date of Earliest Transaction (Month/Day/Year) 09/13/2017 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 4,156 | D | ||||||||
Common Stock | 09/13/2017 | J(1)(2) | 568.41 | D | $44.72 | 0 | I | By 401(k) plan |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. This disposition relates to shares of Alcoa Corporation stock held in the Arconic Inc. 401(k) plan (the "Arconic Qualified Plan"). On November 1, 2016, Alcoa Corporation launched as an independent, publicly traded company upon its separation from Alcoa Inc. (since renamed "Arconic Inc."). In connection with the separation transaction, on November 1, 2016, one share of Alcoa Corporation common stock was distributed by Alcoa Inc. for every three shares of Alcoa Inc. common stock held by its stockholders on the record date for the transaction. For a transition period following the separation transaction, the Alcoa Corporation stock fund remained an investment option in the Arconic Qualified Plan. |
2. The reporting person, a former employee of Alcoa Inc., was advised by the plan administrator of the Arconic Qualified Plan that if the reporting person did not direct an intra-plan transfer of all assets held in the Alcoa Corporation stock fund of the Arconic Qualified Plan to another fund in the Arconic Qualified Plan by October 6, 2017, the reporting person's entire balance in the Alcoa Corporation stock fund of the Arconic Qualified Plan would be liquidated and invested into another fund designated by the plan administrator. Therefore, on September 13, 2017, the reporting person effected an intra-plan transfer of all assets held in the Alcoa Corporation stock fund to another plan fund under the Arconic Qualified Plan. |
Remarks: |
/s/ Marissa Earnest (Assistant Secretary), by power of attorney | 09/14/2017 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |