Arconic (ARNC)

Filed: 28 May 21, 5:19pm
SEC Form 4
Washington, D.C. 20549


Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Vrablec Mark J

(Last) (First) (Middle)

PITTSBURGH PA 15212-5842

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Arconic Corp [ ARNC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/26/2021 S 5,500(1) D $35.4 13,904 I By Trust for the Benefit of the Reporting Person
Common Stock 05/26/2021 S 5,000(1) D $35.4004 11,000 I By Trust for the Benefit of the Reporting Person's Spouse
Common Stock 05/26/2021 I 10,500(1) A $35.44 12,437 I By Company 401(k) Plan
Common Stock 05/28/2021 S 5,300(1) D $35.2501 8,604 I By Trust for the Benefit of the Reporting Person
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock (2) 05/26/2021 I 5,349 (3) (3) Common Stock 5,349 $35.34 6,133 I By Company Deferred Compensation Plan
Explanation of Responses:
1. Mr. Vrablec engaged in the reported transactions in the context of rebalancing various components of his investment portfolio while maintaining his aggregate investment in Arconic Corporation (the Company). Mr. Vrablec sold 15,800 shares held indirectly in personal trusts and entered into offsetting purchases of 10,500 shares in his 401(k) plan account and 5,349 shares in his deferred compensation plan account. Mr. Vrablec notified the Company prior to effecting the foregoing transactions, and reimbursed the Company in the amount of $322.94, which is the total amount of short swing profits resulting from the foregoing transactions. Such reimbursement constitutes the recovery by the Company of short swing profits in accordance with Section 16(b) of the Securities and Exchange Act of 1934, and does not constitute an admission by Mr. Vrablec of the use of, or intent to use, material non-public information or other information obtained by him by reason of his relationship with the Company in effecting the foregoing transactions.
2. Each phantom stock unit is the economic equivalent of one share of Arconic Corporation common stock.
3. Phantom stock units were acquired under the Arconic Corporation Deferred Compensation Plan and are to be paid out in cash after termination of employment. The reporting person may transfer the phantom stock into an alternative investment account under the Plan at times permitted under the Plan.
Adam Wheeler, Assistant General Counsel and Assistant Corporate Secretary by Power of Attorney 05/28/2021
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.