SEC Form 4 · accession 0000004281-15-000023
Howmet Aerospace Inc. · HWM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William F Oplinger
Officer — Executive VP & CFO
Period of report
Jan 20, 2015
Accepted (ET)
Jan 22, 2015 · 5:18 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 | Jan 20, 2015 | F | 4,784 | $15.55 | D | 185,593 | D | |
| Common StockF1 | Jan 20, 2015 | F | 5,573 | $15.55 | D | 180,020 | D | |
| Common StockF1 | Jan 20, 2015 | F | 5,300 | $15.55 | D | 174,720 | D | |
| Common StockF1 | Jan 21, 2015 | M | 16,867 | $8.33 | A | 191,587 | D | |
| Common Stock | holding | — | — | — | 4,592 | I | By Company 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3,F2 | $15.55 | Jan 20, 2015 | A | 89,490 | A | — | Jan 20, 2025 | Common Stock | 89,490 | 89,490 | D |
| Employee Stock Option (right to buy)F3,F4 | $8.33 | Jan 21, 2015 | M | 16,867 | D | — | Jan 23, 2015 | Common Stock | 16,867 | 0 | D |
Explanation of responses
- F1Includes shares acquired under the Alcoa Dividend Reinvestment Plan.
- F2The option vests in three equal annual installments beginning January 20, 2016.
- F3Employee stock options are granted without payment of consideration.
- F4The option, representing a right to purchase a total of 50,600 shares, became exercisable in three equal annual installments beginning on January 23, 2010, which was the first anniversary of the date on which the option was granted.