Robert S. Wetherbee - Jan 3, 2025 Form 4 Insider Report for ATI INC (ATI)

Role
Executive Chairman, Director
Signature
/s/ Amanda J. Skov, Attorney-in-Fact for Robert S. Wetherbee
Stock symbol
ATI
Transactions as of
Jan 3, 2025
Transactions value $
-$7,612,125
Form type
4
Date filed
1/7/2025, 04:44 PM
Previous filing
Jan 6, 2025
Next filing
Jan 16, 2025
SEC
View on sec.gov

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 +17.8K +4.08% $0.00 454K Jan 3, 2025 Direct F1, F2
transaction ATI Common Stock, par value $0.10 per share Tax liability -$510K -9.14K -2.01% $55.81 445K Jan 3, 2025 Direct F3, F4
transaction ATI Common Stock, par value $0.10 per share Tax liability -$710K -12.5K -2.82% $56.63 433K Jan 6, 2025 Direct F5, F6
transaction ATI Common Stock, par value $0.10 per share Award $0 +287K +66.31% $0.00 719K Jan 6, 2025 Direct F7
transaction ATI Common Stock, par value $0.10 per share Tax liability -$6.39M -113K -15.69% $56.63 607K 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 on the first anniversary 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.