SEC Form 4 · accession 0000004281-17-000036
Howmet Aerospace Inc. · HWM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy Donald Myers
Officer — Executive Vice President
Period of report
Feb 2, 2017
Accepted (ET)
Feb 6, 2017 · 7:45 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 | Feb 2, 2017 | S | 4,337 | $25.3397 | D | 25,688 | D | |
| Common Stock | Feb 3, 2017 | I | 3,650 | $25.545 | A | 12,120 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2 | — | Feb 3, 2017 | A | 5,081 | A | — | — | Common Stock | 5,081 | 16,873 | D |
Explanation of responses
- F1Each phantom stock unit is the economic equivalent of one share of Arconic common stock.
- F2Phantom stock units were acquired under the Arconic Deferred Compensation Plan and are to be paid out in cash after termination of employment. The reporting person may transfer the phantom stock into an alternative investment account under the Plan at times permitted under the Plan.