SEC Form 4 · accession 0000004281-15-000001
Howmet Aerospace Inc. · HWM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Henry B Schacht
Other
Period of report
Dec 31, 2014
Accepted (ET)
Jan 5, 2015 · 4:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000004281
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 31, 2014 | M | 964 | — | A | 20,100 | D | |
| Common StockF2 | Dec 31, 2014 | D | 964 | $15.90 | D | 19,136 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF1 | — | Dec 31, 2014 | M | 964 | D | — | Dec 31, 2014 | Common Stock | 964 | 26,478 | D |
Explanation of responses
- F1On December 31, 2014, 964 of the reporting person's phantom stock units held under the Alcoa 2005 Deferred Fee Plan for Directors (the "Plan") were settled for cash in accordance with the terms of the Plan after termination of service as a director. Each phantom stock unit was the economic equivalent of one share of Alcoa Inc. common stock.
- F2Includes shares acquired under the Alcoa Dividend Reinvestment Plan.