Karen G. Narwold - 27 May 2021 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Issuer symbol
ALB
Transactions as of
27 May 2021
Net transactions value
-$619,144
Form type
4
Filing time
28 May 2021, 17:18:44 UTC
Next filing
09 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALB Common Stock Options Exercise $391,658 +6,135 +14% $63.84 49,830 27 May 2021 Direct
transaction ALB Common Stock Sale $1,010,803 -6,135 -12% $164.76 43,695 27 May 2021 Direct F2
holding ALB Common Stock 552 27 May 2021 Albemarle Savings Plan F1

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 Stock Option Options Exercise $0 -6,135 -50% $0.000000 6,135 27 May 2021 Common Stock 6,135 $63.84 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $164.60 to $165.00, inclusive. The reporting person undertakes to provide to Albemarle Corporation, any security holder of Albemarle Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Stock Option vested in three equal installments over three years: 02/24/2017, 02/24/2018, and 02/24/2019.