Scott Tozier - 24 Feb 2023 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Role
EVP & CFO
Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Issuer symbol
ALB
Transactions as of
24 Feb 2023
Net transactions value
-$168,676
Form type
4
Filing time
28 Feb 2023, 18:03:15 UTC
Previous filing
06 Jan 2023
Next filing
02 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALB Common Stock Options Exercise $0 +1,511 +2.4% $0.000000 64,895 26 Feb 2023 Direct
transaction ALB Common Stock Tax liability $168,676 -676 -1% $249.52 64,219 26 Feb 2023 Direct
holding ALB Common Stock 1,610 24 Feb 2023 Albemarle Corporation Savings Plan 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 Restricted Stock Units Options Exercise $0 -1,511 -100% $0.000000* 0 26 Feb 2023 Common Stock 1,511 Direct F2, F3, F4
transaction ALB Restricted Stock Units Award $0 +1,804 $0.000000 1,804 24 Feb 2023 Common Stock 1,804 Direct F2, F4, F5
transaction ALB Stock Options Award $0 +4,562 $0.000000 4,562 24 Feb 2023 Common Stock 4,562 $249.52 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total number of shares of Common Stock held in the name of the Reporting Person under the Albemarle Corporation Retirement Savings Plan (the "Albemarle Savings Plan") as of the date of this Form 4.
F2 Each Restricted Stock Unit converts to 1 share of Common Stock.
F3 Restricted Stock Units granted 02/26/2019. 50% vested 02/26/2022 and 50% vested 02/26/2023.
F4 No expiration date.
F5 Restricted Stocks Units vest on 02/24/2026.