SEC Form 4 · accession 0001209191-17-006392
ATI INC · ATI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard J Harshman
Officer — Chairman, President and CEO · Director
Period of report
Jan 27, 2017
Accepted (ET)
Jan 31, 2017 · 4:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001018963
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.10 par valueF1,F2 | Jan 27, 2017 | A | 28,191 | $0.00 | A | 605,814 | D | |
| Common Stock, $0.10 par valueF3,F2 | Jan 27, 2017 | F | 13,158 | $21.75 | D | 592,656 | D | |
| Common Stock, $0.10 par valueF4,F2 | Jan 27, 2017 | F | 15,814 | $21.75 | D | 576,842 | D | |
| Common Stock, $0.10 par valueF5,F2 | Jan 27, 2017 | D | 25,566 | $21.75 | D | 551,277 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares awarded under the Company's 2014-2016 Total Shareholder Return Program ("TSR").
- F2This amount includes 25,687 shares of common stock owned indirectly by Mr. Harshman's wife. The reporting person disclaims beneficial ownership of the shares held directly or indirectly by his spouse, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for the purposes of Section 16 or for any other purpose.
- F3Shares withheld for payment of taxes on the 2014-2016 TSR award paid on January 27, 2017 as described in footnote 1 above.
- F4Shares withheld for payment of taxes on shares of previously restricted stock awarded in February 2014 under the 2014-2016 Long-Term Shareholder Value Program. Vesting of these shares was contingent on the successful achievement of predetermined goals during the 2014-2016 performance period and became payable on January 27, 2017.
- F5Forfeiture of restricted shares, including accumulated dividends, granted under the 2014 Performance/Restricted Stock Program.