Filing Details

Accession Number:
0000902664-18-002296
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-05-15 21:51:06
Reporting Period:
2018-05-15
Accepted Time:
2018-05-15 21:51:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
4281 Arconic Inc. ARNC Rolling Drawing & Extruding Of Nonferrous Metals (3350) 250317820
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
937611 Elliott International, L.p. 40 West 57Th Street
30Th Floor
New York NY 10019
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $1.00 Par Value Acquisiton 2018-05-15 544,000 $17.96 35,293,450 No 4 P Direct
Common Stock, $1.00 Par Value Acquisiton 2018-05-15 544,000 $0.00 35,837,450 Yes 4 X Direct
Common Stock, $1.00 Par Value Disposition 2018-05-15 544,000 $17.93 35,293,450 Yes 4 J Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Yes 4 X Direct
Yes 4 J Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Notional Principal Amount Derivative Agreements Disposition 2018-05-15 1 $0.00 544,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 Yes 4 J Direct
Footnotes
  1. This Form 4 is filed jointly by Elliott International, L.P. ("Elliott International") and Elliott International Capital Advisors Inc. ("EICA" and, together with Elliott International, the "Reporting Persons"). EICA, as the investment manager of Elliott International, may be deemed to beneficially own the securities owned by directly by Elliott International. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
  2. The Reporting Persons settled a portion of certain notional principal amount derivative agreements (the "Derivative Agreements") in the form of cash settled swaps with strike prices ranging from $18.5877 to $21.1014 pursuant to their terms. The Derivative Agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do not provide it with the power to vote or direct the voting or dispose of or direct the disposition of the shares that are referenced in the Derivative Agreements (such shares, the "Subject Shares"). The Reporting Persons disclaims beneficial ownership in the Subject Shares. The settlement of the Derivative Agreements and the reported purchase of the common stock in connection therewith are exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended pursuant to Rule 16b-6(b) thereunder.