X0101 42003-07-22 0000004281 ALCOA INC AA 0001183982 BELDA RICARDO E 0100Executive Vice PresidentCommon Stock2003-07-224M08320017.6875A108746DCommon Stock2003-07-224S06668024.13D42066DCommon Stock2003-07-224M08320021.0468A125266DCommon Stock2003-07-224S07538524.13D49881DEmployee Stock Option (right to buy)17.68752003-07-224M0832000D1998-01-132007-01-13Common Stock832000DEmployee Stock Option (right to buy)24.132003-07-224A0665400A2004-01-222007-01-13Common Stock6654066540DEmployee Stock Option (right to buy)21.04682003-07-224M0832000D2000-01-132009-01-13Common Stock832000DEmployee Stock Option (right to buy)24.132003-07-224A0752270A2004-01-222009-01-13Common Stock7522775227DEmployee stock options are granted without payment of consideration.In the aggregate, a total of 563,921 employee stock options (with various exercise prices and expiration dates) were beneficially owned by the reporting person as of the date of this report.These are reload stock options granted in connection with the reporting person's exercise of outstanding options and payment of the option exercise costs by delivering to the Company (or selling) shares, as applicable, as reported herein.Brenda Hart (Assistant Secretary), by power of attorney2003-07-23