Eric Norris - 24 Feb 2022 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
24 Feb 2022
Transactions value $
-$388,847
Form type
4
Filing time
28 Feb 2022, 16:40:27 UTC
Previous filing
25 Feb 2022
Next filing
01 Mar 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 $0 +2,336 +16% $0 17,318 24 Feb 2022 Direct F1
transaction ALB Common Stock Tax liability -$192,489 -1,045 -6% $184.2 16,273 24 Feb 2022 Direct F2
transaction ALB Common Stock Options Exercise $0 +1,557 +9.6% $0 17,830 24 Feb 2022 Direct F1
transaction ALB Common Stock Tax liability -$95,968 -521 -2.9% $184.2 17,309 24 Feb 2022 Direct F2
transaction ALB Common Stock Options Exercise $0 +1,168 +6.7% $0 18,477 26 Feb 2022 Direct F3
transaction ALB Common Stock Tax liability -$100,389 -523 -2.8% $191.95 17,954 26 Feb 2022 Direct F4

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 Performance Stock Units Options Exercise $0 -2,336 -50% $0 2,336 24 Feb 2022 Common Stock 2,336 Direct F1, F5, F6
transaction ALB Performance Stock Units Options Exercise $0 -1,557 -50% $0 1,557 24 Feb 2022 Common Stock 1,557 Direct F1, F5, F6
transaction ALB Restricted Stock Units Options Exercise $0 -1,168 -50% $0 1,168 26 Feb 2022 Common Stock 1,168 Direct F3, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance stock units granted 02/26/2019. 50% vested 02/24/2022 and 50% vests 01/01/2023.
F2 Shares withheld to meet tax liabilities associated with vesting of Performance Stock Units.
F3 Restricted stock units granted 02/26/2019. 50% vested 02/26/2022 and 50% vests 02/26/2023.
F4 Shares withheld to meet tax liabilities associated with vesting of Restricted Stock Units.
F5 Each Performance Stock Unit converts to 1 share of Common Stock.
F6 No expiration date.
F7 Each Restricted Stock Unit converts to 1 share of Common Stock.