Melissa H. Anderson - Feb 26, 2025 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Role
Chief People Officer
Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Stock symbol
ALB
Transactions as of
Feb 26, 2025
Transactions value $
-$78,958
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 -$13.4K -173 -1.65% $77.53 10.3K Feb 26, 2025 Direct F1, F2
transaction ALB Common Stock Options Exercise $0 +2.87K +27.78% $0.00 13.2K Feb 27, 2025 Direct F3
transaction ALB Common Stock Tax liability -$65.5K -830 -6.3% $78.97 12.4K Feb 27, 2025 Direct F4
holding ALB Common Stock 176 Feb 26, 2025 Albemarle Savings Plan 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 Performance Stock Units Options Exercise $0 -2.87K -100% $0.00 0 Feb 27, 2025 Common Stock 2.87K Direct F3, F6, F7
* 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 597 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 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.
F6 Each Performance Stock Unit converts to 1 share of Common Stock.
F7 No expiration date.