0001140361-23-040415.txt : 20230818 0001140361-23-040415.hdr.sgml : 20230818 20230818121945 ACCESSION NUMBER: 0001140361-23-040415 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230818 FILED AS OF DATE: 20230818 DATE AS OF CHANGE: 20230818 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Perreiah Diana B. CENTRAL INDEX KEY: 0001941870 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39162 FILM NUMBER: 231184743 MAIL ADDRESS: STREET 1: 201 ISABELLA STREET CITY: PITTSBURGH STATE: PA ZIP: 15212 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Arconic Corp CENTRAL INDEX KEY: 0001790982 STANDARD INDUSTRIAL CLASSIFICATION: ROLLING DRAWING & EXTRUDING OF NONFERROUS METALS [3350] IRS NUMBER: 842745636 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 201 ISABELLA STREET CITY: PITTSBURGH STATE: PA ZIP: 15212-5872 BUSINESS PHONE: (412) 992-2500 MAIL ADDRESS: STREET 1: 201 ISABELLA STREET CITY: PITTSBURGH STATE: PA ZIP: 15212-5872 FORMER COMPANY: FORMER CONFORMED NAME: Arconic Rolled Products Corp DATE OF NAME CHANGE: 20191011 4 1 form4.xml X0508 4 2023-08-18 true 0001790982 Arconic Corp ARNC 0001941870 Perreiah Diana B. 201 ISABELLA STREET PITTSBURGH PA 15212 true Executive Vice President false Common Stock 2023-08-18 4 D 0 67654 30 D 0 D Restricted Stock Units 2023-08-18 4 D 0 34221 30 D 0 D Deferred Stock Units 2023-08-18 4 D 0 9 30 D 0 D Performance-Based Restricted Stock Units 2023-08-18 4 D 0 34221 30 D 0 D Stock Options (right to buy) 32.73 2023-08-18 4 D 0 30002 30 D 2025-01-20 Common Stock 30002 0 D Represents shares of Arconic Corporation ("Arconic") common stock disposed of in connection with the Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 4, 2023, by and among Arconic and affiliates of funds managed by Apollo Global Management, Inc. In accordance with the Merger Agreement, at the effective time of the merger contemplated thereby (the "Effective Time"), each share of Arconic common stock held by the reporting person was converted into the right to receive $30.00 in cash (the "Merger Consideration"). In accordance with the Merger Agreement, at the Effective Time, each (a) restricted stock unit award, other than performance-based restricted stock units ("PRSU Awards"), and (b) deferred stock unit award under the Arconic Corp. Deferred Compensation Plan was cashed out based on the Merger Consideration. Each PRSU Award became fully vested with respect to a number of shares equal to: (x) for each such award granted in 2021, 42.9% of the target number of shares covered by the award, (y) for each such award granted in 2022, 66.3% of the target number of shares covered by the award and (z) for each such award granted in 2023, the target number of shares covered by such award. To the extent that a PRSU Award became vested, the PRSU Award was cashed out based on the Merger Consideration. In accordance with the Merger Agreement, at the Effective Time, each stock option ("Option") was cashed out based on the Merger Consideration, less the exercise price for each such Option. /s/ Adam Wheeler, Vice President and Secretary by Power of Attorney 2023-08-18