Timothy J. Harris - Jan 3, 2025 Form 4 Insider Report for ATI INC (ATI)

Signature
/s/ Amanda J. Skov, Attorney-in-Fact for Timothy J. Harris
Stock symbol
ATI
Transactions as of
Jan 3, 2025
Transactions value $
-$2,007,478
Form type
4
Date filed
1/7/2025, 04:40 PM
Previous filing
Feb 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATI Common Stock, par value $0.10 per share Award $0 +5.56K +5.4% $0.00 109K Jan 3, 2025 Direct F1, F2
transaction ATI Common Stock, par value $0.10 per share Tax liability -$150K -2.69K -2.48% $55.81 106K Jan 3, 2025 Direct F3, F4
transaction ATI Common Stock, par value $0.10 per share Tax liability -$186K -3.28K -3.1% $56.63 103K Jan 6, 2025 Direct F5, F6
transaction ATI Common Stock, par value $0.10 per share Award $0 +67.4K +65.7% $0.00 170K Jan 6, 2025 Direct F7
transaction ATI Common Stock, par value $0.10 per share Tax liability -$1.67M -29.5K -17.36% $56.63 140K Jan 6, 2025 Direct F6, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Awarded under the Issuer's 2022 Incentive Plan.
F3 Shares withheld for payment of taxes on restricted stock units awarded in 2023 and 2024. One third of each such award vested by the terms thereof on January 3, 2025.
F4 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 ("NYSE") on January 3, 2025
F5 Shares withheld for the payment of taxes on restricted stock units awarded in 2022. On third of such award vested by its terms on January 6, 2025.
F6 Represents the average of the high and low trading prices for one share of the Issuer's stock on the NYSE on January 6, 2025.
F7 Settlement of performance-vested restricted stock units that were granted in 2022, the vesting of which was contingent upon the Issuer's total shareholder return relative to a specified peer group during the period from January 1, 2022 through December 31, 2024 (the "2022-2024 PSUs"). The shares underlying the 2022-2024 PSUs became payable as of January 6, 2025 following certification of the Issuer's achievement of the relevant performance criteria by the Compensation and Leadership Development Committee of the Issuer's Board of Directors.
F8 Shares withheld for the payment of taxes in connection with the settlement of the 2022-2024 PSUs.