Form 4 for ATI ATI INC
Accepted 2022-01-06 00:00:00 ET · period of report 2022-01-04 · accession 0001209191-22-002210 · 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 | 2022-01-06 | 2022-01-04 | ATI | WETHERBEE ROBERT S | Pres, CEO, Board COB, Dir | F - Tax | $16.74 | -18.6K | 287.9K | -6% | -$311.3K |
| D | 2022-01-06 | 2022-01-04 | ATI | WETHERBEE ROBERT S | Pres, CEO, Board COB, Dir | A - Grant | $0.00 | +95.6K | 383.5K | +33% | $0 |
| D | 2022-01-06 | 2022-01-04 | ATI | WETHERBEE ROBERT S | Pres, CEO, Board COB, Dir | A - Grant | $0.00 | +128.2K | 128.2K | New | $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, par value $0.10 per share | 2022-01-04 | F | D | 18,598 | $16.74 | 287,881.34 | D | — | — | (F1) Shares withheld for payment of taxes on restricted stock units awarded on January 4, 2021. One-third of such restricted stock units vested by their terms on January 4, 2022. (F2) Represents the average of the high and low trading prices for one share of the Issuer's common stock on the New York Stock Exchange ("NYSE") on January 4, 2022. |
| 2 | Common | Common Stock, par value $0.10 per share | 2022-01-04 | A | A | 95,608 | $0.00 | 383,489.34 | D | — | — | (F3) Award of restricted stock units, which are settled in shares of stock upon vesting. The award vests in three equal annual installments on each of the first three anniversaries of the grant date. (F4) Awarded under ATI's 2020 Incentive Plan. |
| 3 | Derivative | Performance Stock Unit | 2022-01-04 | A | A | 128,205 | $0.00 | 128,205 | D | — · 2025-12-31 to 2025-12-31 | 128,205 Common Stock | (F4) Awarded under ATI's 2020 Incentive Plan. (F5) Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of the Issuer's Common Stock if the Issuer's Common Stock achieves a specified target market price (based on a 20-trading day average) on the NYSE for at least 20 consecutive trading days ("20-Day Average Market Price") prior to December 31, 2025. Each PSU may result in the right to receive additional shares of the Issuer's Common Stock, up to a maximum of three shares per PSU, to the extent that the Issuer's Common Stock achieves 20-Day Average Market Prices at specified levels in excess of the target market price prior to December 31, 2025. Vested shares, if any, generally are payable in two equal installments in early 2026 and early 2027. |