0000004281-20-000129.txt : 20200611
0000004281-20-000129.hdr.sgml : 20200611
20200611184438
ACCESSION NUMBER: 0000004281-20-000129
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200609
FILED AS OF DATE: 20200611
DATE AS OF CHANGE: 20200611
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PLANT JOHN C
CENTRAL INDEX KEY: 0001136562
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-03610
FILM NUMBER: 20958351
MAIL ADDRESS:
STREET 1: C/O MASCO CORPORATION
STREET 2: 17450 COLLEGE PARKWAY
CITY: LIVONIA
STATE: MI
ZIP: 48152
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Howmet Aerospace Inc.
CENTRAL INDEX KEY: 0000004281
STANDARD INDUSTRIAL CLASSIFICATION: ROLLING DRAWING & EXTRUDING OF NONFERROUS METALS [3350]
IRS NUMBER: 250317820
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 201 ISABELLA STREET
STREET 2: SUITE 200
CITY: PITTSBURGH
STATE: PA
ZIP: 15212-5872
BUSINESS PHONE: (412) 553-1940
MAIL ADDRESS:
STREET 1: 201 ISABELLA STREET
CITY: PITTSBURGH
STATE: PA
ZIP: 15212-5872
FORMER COMPANY:
FORMER CONFORMED NAME: Arconic Inc.
DATE OF NAME CHANGE: 20161101
FORMER COMPANY:
FORMER CONFORMED NAME: ALCOA INC.
DATE OF NAME CHANGE: 20141003
FORMER COMPANY:
FORMER CONFORMED NAME: ALCOA INC
DATE OF NAME CHANGE: 19990105
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2020-06-09
0000004281
Howmet Aerospace Inc.
HWM
0001136562
PLANT JOHN C
201 ISABELLA STREET
SUITE 200
PITTSBURGH,
PA
15212-5872
1
1
0
0
Co-Chief Executive Officer
Restricted Stock Unit
2020-06-09
4
A
0
485000
0
A
Common Stock
485000
4014998
D
Restricted Stock Unit
2020-06-09
4
A
0
300000
0
A
Common Stock
300000
4314998
D
Each restricted stock unit represents a contingent right to receive one share of common stock of Howmet Aerospace Inc. (Howmet) or, at the election of Howmet, cash equivalent to the fair market value thereof.
On June 9, 2020, the award granted to the Reporting Person on April 2, 2020 was amended to increase the number of time-vesting restricted stock units subject to the award from 1,000,000 to 1,485,000.
On June 9, 2020, the award granted to the Reporting Person on April 2, 2020 was amended to increase the number of performance-vesting restricted stock units subject to the award from 1,800,000 to 2,100,000 and to modify the stock price targets applicable to all performance-vesting restricted stock units subject to the award.
The restricted stock units will vest in three equal installments on June 9, 2021, March 31, 2022 and March 31, 2023, respectively, and subject to the continued employment of the Reporting Person through the applicable vesting date, subject to partial or full accelerated vesting upon the occurrence of certain events. Vested restricted stock units will be settled in shares or cash, as applicable, within 30 days following the vesting date.
These restricted stock units vest in full or in part on March 31, 2023, and are contingent on Mr. Plant's continued service as Co-Chief Executive Officer through such date and the achievement of certain performance goals relating to Howmet stock price and subject to partial or full accelerated vesting upon the occurrence of certain events. Vested restricted stock units will be settled in shares or cash, as applicable, within 30 days following the vesting date.
/s/ Margaret Lam (Assistant Secretary), by power of attorney
2020-06-11