Eric Norris - Jan 1, 2024 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Role
President, Energy Storage
Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Stock symbol
ALB
Transactions as of
Jan 1, 2024
Transactions value $
-$292,428
Form type
4
Date filed
1/3/2024, 08:11 PM
Previous filing
May 15, 2023
Next filing
Feb 26, 2024
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 +3.36K +12.63% $0.00 30K Jan 1, 2024 Direct F1
transaction ALB Common Stock Tax liability -$151K -1.04K -3.48% $144.48 28.9K Jan 1, 2024 Direct F2
transaction ALB Common Stock Options Exercise $0 +3.36K +11.62% $0.00 32.3K Jan 1, 2024 Direct F3
transaction ALB Common Stock Tax liability -$142K -982 -3.04% $144.48 31.3K Jan 1, 2024 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 -3.36K -100% $0.00* 0 Jan 1, 2024 Common Stock 3.36K Direct F1, F4, F5
transaction ALB Performance Stock Units Options Exercise $0 -3.36K -100% $0.00* 0 Jan 1, 2024 Common Stock 3.36K Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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