0000902664-19-003582.txt : 20190828
0000902664-19-003582.hdr.sgml : 20190828
20190828195102
ACCESSION NUMBER: 0000902664-19-003582
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190826
FILED AS OF DATE: 20190828
DATE AS OF CHANGE: 20190828
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ELLIOTT INTERNATIONAL, L.P.
CENTRAL INDEX KEY: 0000937611
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-03610
FILM NUMBER: 191063374
BUSINESS ADDRESS:
STREET 1: C/O MAPLES & CALDER, P.O. BOX 309
STREET 2: UGLAND HOUSE, SOUTH CHURCH STREET
CITY: GEORGE TOWN
STATE: E9
ZIP: 00000
BUSINESS PHONE: 7133612600
MAIL ADDRESS:
STREET 1: C/O MAPLES & CALDER, P.O. BOX 309
STREET 2: UGLAND HOUSE, SOUTH CHURCH STREET
CITY: GEORGE TOWN
STATE: E9
ZIP: 00000
FORMER NAME:
FORMER CONFORMED NAME: ELLIOTT INTERNATIONAL L P
DATE OF NAME CHANGE: 20010309
FORMER NAME:
FORMER CONFORMED NAME: WESTGATE INTERNATIONAL L P
DATE OF NAME CHANGE: 19950210
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Arconic 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: 2128362732
MAIL ADDRESS:
STREET 1: 390 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022-4608
FORMER COMPANY:
FORMER CONFORMED NAME: ALCOA INC.
DATE OF NAME CHANGE: 20141003
FORMER COMPANY:
FORMER CONFORMED NAME: ALCOA INC
DATE OF NAME CHANGE: 19990105
FORMER COMPANY:
FORMER CONFORMED NAME: ALUMINUM CO OF AMERICA
DATE OF NAME CHANGE: 19920703
4
1
ownership.xml
X0306
4
2019-08-26
1
0000004281
Arconic Inc.
ARNC
0000937611
ELLIOTT INTERNATIONAL, L.P.
C/O MAPLES & CALDER, P.O. BOX 309
UGLAND HOUSE, SOUTH CHURCH STREET
GEORGE TOWN
E9
00000
CAYMAN ISLANDS
0
0
1
0
Common Stock, $1.00 par value
2019-08-26
4
S
0
1805903
24.94
D
32306412
D
Common Stock, $1.00 par value
2019-08-27
4
S
0
1894208
25.17
D
30412204
D
Common Stock, $1.00 par value
2019-08-28
4
S
0
508407
25.05
D
29903797
D
Notional Principal Amount Derivative Agreements
2019-08-26
4
J
1
1
A
Common Stock
1978403
1
D
Notional Principal Amount Derivative Agreements
2019-08-27
4
J
1
1
A
Common Stock
2066708
1
D
Notional Principal Amount Derivative Agreements
2019-08-28
4
J
1
1
A
Common Stock
508.407
1
D
This Form 4 is filed jointly by Elliott International, L.P. ("Elliott International") and Elliott International Capital Advisors Inc. ("EICA" and, together with Elliott International, the "Reporting Persons"). EICA, as the investment manager of Elliott International, may be deemed to beneficially own the securities owned by directly by Elliott International. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.87 to $25.05, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.17 to $25.18, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
The Reporting Persons increased its position in notional principal amount derivative agreements (the "Derivative Agreements") in the form of cash settled swaps. The strike prices of the Derivative Agreements reported herein range from $24.89 to $25.05. The Derivative Agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do not provide them with the power to vote or direct the voting or dispose of or direct the disposition of the shares that are referenced in the Derivative Agreements (such shares, the "Subject Shares"). The Reporting Persons disclaim beneficial ownership in the Subject Shares. The Derivative Agreements shall continue until terminated as elected by the parties, and have an initial reference expiration date of December 18, 2020.
The Reporting Persons increased its position in the Derivative Agreements in the form of cash settled swaps. The strike price of the Derivative Agreements reported herein is $25.18. The Derivative Agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do not provide them with the power to vote or direct the voting or dispose of or direct the disposition of the Subject Shares. The Reporting Persons disclaim beneficial ownership in the Subject Shares. The Derivative Agreements shall continue until terminated as elected by the parties, and have an initial reference expiration date of December 18, 2020.
The Reporting Persons increased its position in the Derivative Agreements in the form of cash settled swaps. The strike price of the Derivative Agreements reported herein is $25.08. The Derivative Agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do not provide them with the power to vote or direct the voting or dispose of or direct the disposition of the Subject Shares. The Reporting Persons disclaim beneficial ownership in the Subject Shares. The Derivative Agreements shall continue until terminated as elected by the parties, and have an initial reference expiration date of December 18, 2020.
The Reporting Persons have agreed to disgorge to the Issuer all statutory "profits" pursuant to Section 16(b) of the Securities Exchange Act of 1934, as amended, that resulted from the transactions reported herein.
/s/ Elliot Greenberg, Vice President of Elliott International Capital Advisers, Inc., as Attorney-in-Fact, for Elliott International, L.P.
2019-08-28
/s/ Elliot Greenberg, Vice President of Elliott International Capital Advisers, Inc.
2019-08-28