Eric Norris - 01 Jan 2023 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
01 Jan 2023
Transactions value $
$-258,931
Form type
4
Filing time
04 Jan 2023, 15:58:55 UTC
Previous filing
09 Nov 2022
Next filing
28 Feb 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 +2,336 +15% $0.000000 17,900 01 Jan 2023 Direct F1
transaction ALB Common Stock Tax liability $-150,501 -694 -3.88% $216.86 17,206 01 Jan 2023 Direct F2
transaction ALB Common Stock Options Exercise $0 +1,557 +9.05% $0.000000 18,763 01 Jan 2023 Direct F1
transaction ALB Common Stock Tax liability $-108,430 -500 -2.66% $216.86 18,263 01 Jan 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 -2,336 -100% $0.000000* 0 01 Jan 2023 Common Stock 2,336 Direct F1, F3, F4
transaction ALB Performance Stock Units Options Exercise $0 -1,557 -100% $0.000000* 0 01 Jan 2023 Common Stock 1,557 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.