SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

WALTON JON D

(Last)

(First)

(Middle)

1000 SIX PPG PLACE

(Street)

PITTSBURGH

15222-5479

(City)

(State)

(Zip)

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)
	EVP, HR, CLCO, General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
08/16/2005

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $0.10 par value	08/16/2005		M		5,000	A	$18.5937	85,490.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/16/2005		M		1,883	A	$17.375	87,373.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/16/2005		S		183	D	$29.88	87,190.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/16/2005		S		6,700	D	$29.85	80,490.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		M		3,117	A	$17.375	83,607.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		M		5,000	A	$19.1	88,607.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		M		5,000	A	$14.985	93,607.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		M		5,000	A	$15.03	98,607.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		M		5,000	A	$16.925	103,607.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		M		5,000	A	$10.635	108,607.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		M		3,333	A	$7.245	111,940.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		S		650	D	$29.75	111,290.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		S		2,250	D	$29.74	109,040.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		S		950	D	$29.73	108,090.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		S		750	D	$29.72	107,340.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		S		250	D	$29.71	107,090.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		S		750	D	$29.7	106,340.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		S		550	D	$29.69	105,790.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		S		250	D	$29.68	105,540.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		S		1,250	D	$29.67	104,290.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		S		50	D	$29.66	104,240.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		S		850	D	$29.65	103,390.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		S		750	D	$29.64	102,640.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		S		250	D	$29.63	102,390.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		S		1,400	D	$29.62	100,990.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		S		2,250	D	$29.61	98,740.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		S		10,050	D	$29.6	88,690.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		S		850	D	$29.59	87,840.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		S		600	D	$29.57	87,240.473	D⁽¹⁾⁽²⁾
Common Stock, $0.10 par value	08/17/2005		S		200	D	$29.56	87,040.473	D⁽¹⁾⁽²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. 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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option, right to buy	$18.5937	08/16/2005		M			5,000	⁽³⁾	12/13/2010	Common Stock, $0.10 par value	5,000	$0.00	0	D⁽¹⁾⁽²⁾
Employee Stock Option, right to buy	$17.375	08/16/2005		M			1,883	⁽⁴⁾	04/23/2011	Common Stock, $0.10 par value	1,883	$0.00	0	D⁽¹⁾⁽²⁾
Employee Stock Option, right to buy	$17.375	08/17/2005		M			3,117	⁽⁴⁾	04/23/2011	Common Stock, $0.10 par value	3,117	$0.00	0	D⁽¹⁾⁽²⁾
Employee Stock Option, right to buy	$19.1	08/17/2005		M			5,000	⁽⁵⁾	07/20/2011	Common Stock, $0.10 par value	5,000	$0.00	0	D⁽¹⁾⁽²⁾
Employee Stock Option, right to buy	$14.985	08/17/2005		M			5,000	⁽⁶⁾	10/22/2011	Common Stock, $0.10 par value	5,000	$0.00	0	D⁽¹⁾⁽²⁾
Employee Stock Option, right to buy	$15.03	08/17/2005		M			5,000	⁽⁷⁾	01/22/2002	Common Stock, $0.10 par value	5,000	$0.00	0	D⁽¹⁾⁽²⁾
Employee Stock Option, right to buy	$16.925	08/17/2005		M			5,000	⁽⁸⁾	04/22/2002	Common Stock, $0.10 par value	5,000	$0.00	0	D⁽¹⁾⁽²⁾
Employee Stock Option, right to buy	$10.635	08/17/2005		M			5,000	⁽⁹⁾	07/22/2002	Common Stock, $0.10 par value	5,000	$0.00	0	D⁽¹⁾⁽²⁾
Employee Stock Option, right to buy	$7.245	08/17/2005		M			3,333	⁽¹⁰⁾	10/21/2002	Common Stock, $0.10 par value	3,333	$0.00	0	D⁽¹⁾⁽²⁾

Explanation of Responses:

1. Mr. Walton's wife owns 3,700.00 shares of common stock. The reporting person disclaims beneficial ownership of the shares directly or indirectly by his spouse, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for the purposes of Section 16 or for any other purpose.

2. Mr. Walton owns 1607.8011 shares of common stock indirectly in the Company's 401(k) plan.

3. The options vested in three equal installments on December 13, 2001, 2002 and 2003.

4. The options vested in three equal installments on April 23, 2002, 2003 and 2004.

5. The options vested in three equal installments on July 20, 2002, 2003 and 2004.

6. The options vested in three equal installments on October 22, 2002, 2003 and 2004.

7. The options vested in three equal installments on January 22, 2003, 2004 and 2005.

8. The options vested in three equal installments on April 22, 2003, 2004 and 2005.

9. The options vested in three equal installments on July 22, 2003, 2004 and 2005.

10. Represents two-thirds of the options granted on October 21, 2002 which vested in equal installments on October 21, 2003 and 2004.

Remarks:

Form 1 of 2

	Jon D. Walton	08/18/2005
	** 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 4 (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).
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