Donald J. LaBauve Jr. - Jan 1, 2025 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Stock symbol
ALB
Transactions as of
Jan 1, 2025
Transactions value $
-$9,469
Form type
4
Date filed
1/3/2025, 04:21 PM
Previous filing
Nov 19, 2024
Next filing
Feb 27, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALB Common Stock Tax liability -$9.47K -110 -2.07% $86.08 5.21K Jan 1, 2025 Direct F1, F2
holding ALB Common Stock 12.5K Jan 1, 2025 Albemarle Savings Plan F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to meet tax liabilities associated with vesting of Adjusted ROIC Performance Stock Units granted on 02/26/2021. Payout based on 200% performance multiplier. 50% vested on 02/22/2024 and the remaining 50% vested on 01/01/2025.
F2 Reported number of securities beneficially owned includes 160 shares inadvertently excluded from previous reports. These shares represent the number of Adjusted ROIC Performance Stock Units granted on 02/26/2021 that were earned above target and were unvested at the time of the prior reports.
F3 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.