Eric Norris - Feb 26, 2025 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Role
Chief Commercial Officer
Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Stock symbol
ALB
Transactions as of
Feb 26, 2025
Transactions value $
-$100,163
Form type
4
Date filed
2/28/2025, 05:31 PM
Previous filing
Feb 27, 2025
Next filing
Mar 3, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALB Common Stock Tax liability -$19.7K -254 -0.57% $77.53 44.1K Feb 26, 2025 Direct F1, F2
transaction ALB Common Stock Options Exercise $0 +3.52K +7.98% $0.00 47.6K Feb 27, 2025 Direct F3
transaction ALB Common Stock Tax liability -$80.5K -1.02K -2.14% $78.97 46.6K Feb 27, 2025 Direct F4

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 -3.52K -100% $0.00 0 Feb 27, 2025 Common Stock 3.52K Direct F3, F5, F6
* 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 Restricted Stock Units granted on 02/26/2021.
F2 Reported number of securities beneficially owned includes 875 shares inadvertently excluded from previous reports. These shares represent half of the Restricted Stock Units granted on 02/26/2021 that vested 50% on 2/26/2024 and 50% on 2/26/2025. These RSUs were reported as outstanding and unvested in Table 2 of the Form 4 filed on 2/28/2024.
F3 Adjusted ROIC Performance Stock Units granted on 02/25/2022. Payout based on 200% performance multiplier. All shares earned vested on 02/27/2025.
F4 Shares withheld to meet tax liabilities associated with vesting of Performance Stock Units.
F5 Each Performance Stock Unit converts to 1 share of Common Stock.
F6 No expiration date.