Eric Norris - Jan 1, 2023 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Role
President, Lithium
Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Stock symbol
ALB
Transactions as of
Jan 1, 2023
Transactions value $
-$258,931
Form type
4
Date filed
1/4/2023, 03:58 PM
Previous filing
Nov 9, 2022
Next filing
Feb 28, 2023
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 +2.34K +15.01% $0.00 17.9K Jan 1, 2023 Direct F1
transaction ALB Common Stock Tax liability -$151K -694 -3.88% $216.86 17.2K Jan 1, 2023 Direct F2
transaction ALB Common Stock Options Exercise $0 +1.56K +9.05% $0.00 18.8K Jan 1, 2023 Direct F1
transaction ALB Common Stock Tax liability -$108K -500 -2.66% $216.86 18.3K Jan 1, 2023 Direct F2

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 -2.34K -100% $0.00* 0 Jan 1, 2023 Common Stock 2.34K Direct F1, F3, F4
transaction ALB Performance Stock Units Options Exercise $0 -1.56K -100% $0.00* 0 Jan 1, 2023 Common Stock 1.56K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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