0001104659-20-043884.txt : 20200406
0001104659-20-043884.hdr.sgml : 20200406
20200406212537
ACCESSION NUMBER: 0001104659-20-043884
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200402
FILED AS OF DATE: 20200406
DATE AS OF CHANGE: 20200406
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: 20778248
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
tm2015210-1_4.xml
OWNERSHIP DOCUMENT
X0306
4
2020-04-02
0
0000004281
Howmet Aerospace Inc.
HWM
0001136562
PLANT JOHN C
201 ISABELLA STREET
PITTSBURGH
PA
15212
1
1
0
0
Co-CEO
Restricted Stock Units
2020-04-02
4
A
0
1000000
0.0
A
Common Stock
1000000
1600000
D
Restricted Stock Units
2020-04-02
4
A
0
1800000
0.0
A
Common Stock
1800000
3400000
D
Each restricted stock unit represents a contingent right to receive one share of common stock of Howmet Aerospace Inc. ("Howmet") or, at Howmet's election, cash equivalent to the fair market value thereof.
The restricted stock units will vest in three equal installments on March 31, 2021, March 31, 2022 and March 31, 2023, respectively, and subject to the reporting person's continued employment through the applicable 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's 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.
On April 1, 2020, Arconic Inc. completed the separation of its business into two independent, publicly-traded companies (the "Separation"): Howmet and Arconic Corporation. In connection with the Separation, all equity awards held by the reporting person with respect to Arconic Inc.'s common stock as of the Separation will be adjusted in a manner intended to preserve the aggregate intrinsic value of the original award. The amount of securities reported on this Form 4 do not reflect such adjustment, to the extent applicable, and this Form 4 will be amended in a subsequent filing to reflect such adjustment.
/s/ Margaret Lam (Assistant Secretary), by power of attorney
2020-04-06