Netha N. Johnson - 28 Feb 2023 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Issuer symbol
ALB
Transactions as of
28 Feb 2023
Net transactions value
-$1,996,842
Form type
4
Filing time
02 Mar 2023, 18:50:33 UTC
Previous filing
28 Feb 2023
Next filing
25 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALB Common Stock Options Exercise $0 +9,164 +66% $0.000000 23,066 28 Feb 2023 Direct F1
transaction ALB Common Stock Tax liability $1,041,908 -4,097 -18% $254.31 18,969 28 Feb 2023 Direct F2
transaction ALB Common Stock Options Exercise $0 +1,680 +8.9% $0.000000 20,649 28 Feb 2023 Direct F3
transaction ALB Common Stock Tax liability $190,987 -751 -3.6% $254.31 19,898 28 Feb 2023 Direct F2
transaction ALB Common Stock Award $0 +3,360 +17% $0.000000 23,258 28 Feb 2023 Direct F4
transaction ALB Common Stock Tax liability $381,974 -1,502 -6.5% $254.31 21,756 28 Feb 2023 Direct F5
transaction ALB Common Stock Award $0 +3,360 +15% $0.000000 25,116 28 Feb 2023 Direct F6
transaction ALB Common Stock Tax liability $381,974 -1,502 -6% $254.31 23,614 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 Unit Options Exercise $0 -9,164 -100% $0.000000* 0 28 Feb 2023 Common Stock 9,164 Direct F1, F7, F8
transaction ALB Restricted Stock Units Options Exercise $0 -1,680 -50% $0.000000 1,680 28 Feb 2023 Common Stock 1,680 Direct F3, F7, F8
transaction ALB Performance Stock Units Award $0 +3,360 $0.000000 3,360 28 Feb 2023 Common Stock 3,360 Direct F4, F8, F9
transaction ALB Performance Stock Units Award $0 +3,360 $0.000000 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 on 02/28/2020. 50% vested on 02/28/2023 and 50% vests on 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.