Eric Norris - 13 Aug 2021 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Role: President, Lithium
Signature: /s/ Stefanie M. Holland, Attorney-in-Fact
Issuer symbol: ALB
Transactions as of: 13 Aug 2021
Net transactions value: -$476,055
Form type: 4
Filing time: 13 Aug 2021, 16:13:12 UTC
Previous filing: 27 May 2021
Next filing: 04 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ALB	Common Stock	Options Exercise	$477,019	+4,017	+31%	$118.75	16,810	13 Aug 2021	Direct
transaction	ALB	Common Stock	Sale	$953,073	-4,017	-24%	$237.26	12,793	13 Aug 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ALB	Stock Option	Options Exercise	$0	-4,017	-100%	$0.000000^*	0	13 Aug 2021	Common Stock	4,017	$118.75	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $237.01 to $237.56, inclusive. The reporting person undertakes to provide to Albemarle Corporation, any security holder of Albemarle Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2	On February 23, 2018, the reporting person was granted a 10-year option exercisable for 4,017 shares of Common Stock, cliff-vesting on February 23, 2021.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $237.01 to $237.56, inclusive. The reporting person undertakes to provide to Albemarle Corporation, any security holder of Albemarle Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

On February 23, 2018, the reporting person was granted a 10-year option exercisable for 4,017 shares of Common Stock, cliff-vesting on February 23, 2021.