SEC Form 4 · accession 0000004281-16-000087
Howmet Aerospace Inc. · HWM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Klaus Kleinfeld
Officer — Chairman and CEO · Director
Period of report
Jan 19, 2016
Accepted (ET)
Jan 21, 2016 · 4:35 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 Stock | Jan 19, 2016 | F | 127,613 | $6.74 | D | 2,322,257 | D | |
| Common Stock | Jan 19, 2016 | F | 89,401 | $6.74 | D | 2,232,856 | D | |
| Common Stock | Jan 19, 2016 | F | 172,961 | $6.74 | D | 2,059,895 | D | |
| Common Stock | holding | — | — | — | 8,127 | 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)F2,F1 | $6.74 | Jan 19, 2016 | A | 933,020 | A | — | Jan 19, 2026 | Common Stock | 933,020 | 933,020 | D |
Explanation of responses
- F1The option vests in three equal annual installments beginning January 19, 2017.
- F2Employee stock options are granted without payment of consideration.