0001140361-23-040439.txt : 20230818
0001140361-23-040439.hdr.sgml : 20230818
20230818125048
ACCESSION NUMBER: 0001140361-23-040439
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: Vrablec Mark J
CENTRAL INDEX KEY: 0001806213
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39162
FILM NUMBER: 231184838
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
0001806213
Vrablec Mark J
201 ISABELLA STREET
PITTSBURGH
PA
15212
true
EVP & CCO
false
Common Stock
2023-08-18
4
D
0
106040
30
D
0
D
Restricted Stock Units
2023-08-18
4
D
0
34305
30
D
0
D
Deferred Stock Units
2023-08-18
4
D
0
6133
30
D
0
D
Performance-Based Restricted Stock Units
2023-08-18
4
D
0
34305
30
D
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.
/s/ Adam Wheeler, Vice President and Secretary by Power of Attorney
2023-08-18