Netha N. Johnson - 01 Jan 2023 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Issuer symbol
ALB
Transactions as of
01 Jan 2023
Net transactions value
-$244,184
Form type
4
Filing time
04 Jan 2023, 15:59:26 UTC
Previous filing
23 May 2022
Next filing
28 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALB Common Stock Options Exercise $0 +1,465 +14% $0.000000 12,099 01 Jan 2023 Direct F1
transaction ALB Common Stock Tax liability $102,575 -473 -3.9% $216.86 11,626 01 Jan 2023 Direct F2
transaction ALB Common Stock Options Exercise $0 +2,198 +19% $0.000000 13,824 01 Jan 2023 Direct F1
transaction ALB Common Stock Tax liability $141,610 -653 -4.7% $216.86 13,171 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 -1,465 -100% $0.000000* 0 01 Jan 2023 Common Stock 1,465 Direct F1, F3, F4
transaction ALB Performance Stock Units Options Exercise $0 -2,198 -100% $0.000000* 0 01 Jan 2023 Common Stock 2,198 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.