Eric Norris - 28 Feb 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
28 Feb 2023
Transactions value $
-$1,302,322
Form type
4
Filing time
02 Mar 2023, 18:50:13 UTC
Previous filing
28 Feb 2023
Next filing
15 May 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 +3,055 +16% $0 22,057 28 Feb 2023 Direct F1
transaction ALB Common Stock Tax liability -$347,387 -1,366 -6.2% $254.31 20,691 28 Feb 2023 Direct F2
transaction ALB Common Stock Options Exercise $0 +1,680 +8.1% $0 22,371 28 Feb 2023 Direct F3
transaction ALB Common Stock Tax liability -$190,986 -751 -3.4% $254.31 21,620 28 Feb 2023 Direct F2
transaction ALB Common Stock Award $0 +3,360 +16% $0 24,980 28 Feb 2023 Direct F4
transaction ALB Common Stock Tax liability -$381,973 -1,502 -6% $254.31 23,478 28 Feb 2023 Direct F5
transaction ALB Common Stock Award $0 +3,360 +14% $0 26,838 28 Feb 2023 Direct F6
transaction ALB Common Stock Tax liability -$381,973 -1,502 -5.6% $254.31 25,336 28 Feb 2023 Direct F5

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 -3,055 -100% $0* 0 28 Feb 2023 Common Stock 3,055 Direct F1, F7, F8
transaction ALB Restricted Stock Units Options Exercise $0 -1,680 -50% $0 1,680 28 Feb 2023 Common Stock 1,680 Direct F3, F7, F8
transaction ALB Performance Stock Units Award $0 +3,360 $0 3,360 28 Feb 2023 Common Stock 3,360 Direct F4, F8, F9
transaction ALB Performance Stock Units Award $0 +3,360 $0 3,360 28 Feb 2023 Common Stock 3,360 Direct F6, F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units granted 02/28/2020 and vested 02/28/2023.
F2 Shares withheld to meet tax liabilities associated with vesting of Restricted Stock Units.
F3 Restricted Stock Units granted 02/28/2020. 50% vested on 02/28/2023 and 50% vests 02/28/2024.
F4 rTSR Performance Stock Units granted on 02/28/2020. 50% vested 02/28/2023 and 50% vests 01/01/2024.
F5 Shares withheld to meet tax liabilities associated with vesting of Performance Stock Units.
F6 ROIC Performance Stock Units granted on 02/28/2020. 50% vested 02/28/2023 and 50% vests 01/01/2024.
F7 Each Restricted Stock Unit converts to 1 share of Common Stock.
F8 No expiration date.
F9 Each Performance Stock Unit converts to 1 share of Common Stock.