SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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1. Name and Address of Reporting Person*
Lucot Joseph R

(Last) (First) (Middle)
201 ISABELLA STREET

(Street)
PITTSBURGH PA 15212

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2007
3. Issuer Name and Ticker or Trading Symbol
ALCOA INC [ AA ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP - Corporate Controller
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 36,116.6234 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) 01/11/2003 01/11/2012 Common Stock 24,000 36.035 D
Employee Stock Option (right to buy) 10/27/2001 01/13/2009 Common Stock 20,020 41.82 D
Employee Stock Option (right to buy) 11/17/2001 01/14/2010 Common Stock 28,558 45 D
Employee Stock Option (right to buy) 01/17/2002 01/13/2008 Common Stock 18,050 39.4008 D
Employee Stock Option (right to buy) 07/23/2002 01/12/2011 Common Stock 6,238 34.975 D
Employee Stock Option (right to buy) 06/17/2004 01/12/2011 Common Stock 5,472 35.265 D
Employee Stock Option (right to buy) 06/30/2004 01/12/2011 Common Stock 11,316 38.425 D
Employee Stock Option (right to buy) 01/10/2004 01/10/2013 Common Stock 21,066 22.555 D
Employee Stock Option (right to buy) 01/15/2005 01/15/2010 Common Stock 23,000 35.655 D
Employee Stock Option (right to buy) 01/13/2006 01/13/2011 Common Stock 30,000 29.54 D
Phantom Stock Units (1) (1) Common Stock 164 (2) D
Explanation of Responses:
1. The phantom stock units were acquired under the Alcoa Deferred Compensation Plan and are to be paid out in cash upon termination of employment with Alcoa.
2. 1 for 1
Remarks:
Brenda Hart (Assistant Secretary), by power of attorney 01/05/2007
** 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 5 (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.
POWER OF ATTORNEY



 KNOW ALL PERSONS BY THESE PRESENTS that the undersigned officer or

director of ALCOA INC., a Pennsylvania corporation (the "Company"), hereby names,

constitutes and appoints the Secretary and each Assistant Secretary of the Company, or any of

them, the undersigned's true and lawful attorney-in-fact and agent to:



      (1)  prepare, sign for and on behalf of the undersigned, and submit to the U.S. Securities

and Exchange Commission (the "SEC"), a Form ID, including amendments thereto, and any

other documents necessary or appropriate to obtain codes and passwords enabling the

undersigned to make electronic filings with the SEC of reports required by Section 16(a) of the

Securities Exchange Act of 1934 or any rule or regulation of the SEC;



      (2) prepare, and sign for and on behalf of the undersigned, as to any equity securities of

the Company, Forms 3, 4 and/or 5, including amendments thereto, in accordance with

Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder;



      (3) timely file any such Forms 3, 4 and/or 5, including amendments thereto, with the

SEC and any stock exchange or similar authority and deliver a copy thereof to the Company in

care of the Secretary; and



      (4) take any other action in connection with the foregoing which, in the opinion of such

attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the

undersigned.



       The undersigned hereby grants to each of such attorneys-in-fact full power and authority to

do and perform any and every act and thing whatsoever requisite, necessary or proper to be done in

the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the

undersigned might or could do if personally present, hereby ratifying and confirming all that such

attorneys-in-fact shall lawfully do or cause to be done by virtue of this Power of Attorney and the

rights and powers herein granted.  The undersigned acknowledges that the foregoing

attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor

is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of

the Securities Exchange Act of 1934.



      This Power of Attorney shall remain in full force and effect until the undersigned is no

longer required to file Forms 3, 4 and 5 with respect to the undersigned's holdings of and

transactions in equity securities of the Company, unless earlier revoked by the undersigned in a

signed writing delivered to the foregoing attorneys-in-fact.



 IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be

executed on the date set opposite the signature below.



 /s/ Joseph R. Lucot      12/21/2006

  Signature          Date