Form 4 for HWM Howmet Aerospace
Accepted 2023-04-03 00:00:00 ET · period of report 2023-03-31 · accession 0001104659-23-040964 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-04-03 | 2023-03-31 | HWM | PLANT JOHN C | CEO, Executive COB, Dir | F - Tax | $42.37 | -1.13M | 1.78M | -39% | -$47.81M |
| DM | 2023-04-03 | 2023-03-31 | HWM | PLANT JOHN C | CEO, Executive COB, Dir | M - OptEx | — | +2.59M | 809.2K | New | — |
| DM | 2023-04-03 | 2023-03-31 | HWM | PLANT JOHN C | CEO, Executive COB, Dir | M - OptEx | $0.00 | -2.59M | 2.60M | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-31 | F | D | 1,128,307 | $42.37 | 1,780,871 | D | — | — | (F2) Represents payment of tax liability by delivering or withholding shares incident to the vesting of a stock award issued in accordance with Rule 16b-3. |
| 2 | Common | Common Stock | 2023-03-31 | M | A | 2,100,000 | — | 2,909,178 | D | — | — | (F1) Each restricted stock unit converted into common stock on a one-for-one basis. |
| 3 | Common | Common Stock | 2023-03-31 | M | A | 494,999 | — | 809,178 | D | — | — | (F1) Each restricted stock unit converted into common stock on a one-for-one basis. |
| 4 | Derivative | Restricted Stock Units | 2023-03-31 | M | D | 2,100,000 | $0.00 | 500,000 | D | — · — to — | 2,100,000 Common Stock | (F1) Each restricted stock unit converted into common stock on a one-for-one basis. (F5) Reflects vesting of the restricted stock unit awards granted on April 2, 2020 and June 9, 2020, upon satisfaction of the conditions of Mr. Plant's continued service as Howmet's Chief Executive Officer through such date and the achievement of certain stock price targets. |
| 5 | Derivative | Restricted Stock Units | 2023-03-31 | M | D | 494,999 | $0.00 | 2,600,000 | D | — · — to — | 494,999 Common Stock | (F1) Each restricted stock unit converted into common stock on a one-for-one basis. (F4) Reflects vesting of the remaining one-third of each of the restricted stock unit awards granted on April 2, 2020 and June 9, 2020, upon satisfaction of the condition of the continued employment of Mr. Plant as Chief Executive Officer of Howmet Aerospace Inc. (Howmet) through such date. |