ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

ATI ATI Inc

51.75
1.91 (3.83%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
ATI Inc NYSE:ATI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.91 3.83% 51.75 51.82 49.455 50.26 1,188,716 01:00:00

Statement of Changes in Beneficial Ownership (4)

26/02/2020 9:13pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Schwartz Karl D
2. Issuer Name and Ticker or Trading Symbol

ALLEGHENY TECHNOLOGIES INC [ ATI ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
VP, Controller & CAO
(Last)          (First)          (Middle)

1000 SIX PPG PLACE
3. Date of Earliest Transaction (MM/DD/YYYY)

2/24/2020
(Street)

PITTSBURGH, PA 15222
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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, $0.10 par value per share 2/24/2020  A  9657 (1)A$0.00 45697.4283 (2)D  
Common Stock, $0.10 par value per share 2/24/2020  F  4364 (3)D$19.44 (4)41333.4283 (2)D  
Common Stock, $0.10 par value per share 2/24/2020  F  452 (5)D$19.44 (4)40881.4283 (2)D  
Common Stock, $0.10 par value per share 2/24/2020  A  7003 (6)A$0.00 47884.4283 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) Settlement of performance-vested restricted stock units that were granted in 2017, the vesting of which was contingent upon the Issuer's achievement of specified performance criteria during the period form January 1, 2017 through December 31, 2019 (the "2017-2019 PSUs"). The shares underlying the 2017-2019 PSUs became payable as of February 24, 2020 following certification of the Issuer's achievement of such performance criteria by the Personnel and Compensation Committee of the Issuer's Board of Directors.
(2) This amount includes 6,190.3743 shares of common stock that Mr. Schwartz owns in the Company's 401(k) Plan. Fluctuations in 401(k) share amounts reflect the Plan's unit reporting method. Mr. Schwartz holds approximately 5,191 units, which represent interests in the Company's stock fund.
(3) Shares withheld for payment of taxes in connection with the February 24, 2020 settlement of the 2017-2019 PSUs.
(4) Represents the average of the high and low trading prices for one share of the Issuer's common stock on the New York Stock Exchange on February 24, 2020.
(5) Shares withheld for payment of taxes on restricted stock units awarded on February 23, 2017. One-third of such restricted stock units vested by their terms on February 24, 2020.
(6) Award of restricted stock units, which are settled in shares of stock upon vesting. The award vests in three equal annual installments on each of the first three anniversaries of the grant date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Schwartz Karl D
1000 SIX PPG PLACE
PITTSBURGH, PA 15222


VP, Controller & CAO

Signatures
/s/ Elliot S. Davis, Attorney-in-Fact for Karl D. Schwartz2/26/2020
**Signature of Reporting PersonDate

1 Year ATI Chart

1 Year ATI Chart

1 Month ATI Chart

1 Month ATI Chart

Your Recent History

Delayed Upgrade Clock