Eric Norris - Aug 13, 2021 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Role: President, Lithium
Signature: /s/ Stefanie M. Holland, Attorney-in-Fact
Stock symbol: ALB
Transactions as of: Aug 13, 2021
Transactions value $: -$476,055
Form type: 4
Date filed: 8/13/2021, 04:13 PM
Previous filing: May 27, 2021
Next filing: Jan 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ALB	Common Stock	Options Exercise	$477K	+4.02K	+31.4%	$118.75	16.8K	Aug 13, 2021	Direct
transaction	ALB	Common Stock	Sale	-$953K	-4.02K	-23.9%	$237.26	12.8K	Aug 13, 2021	Direct	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	-4.02K	-100%	$0.00^*	0	Aug 13, 2021	Common Stock	4.02K	$118.75	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $237.01 to $237.56, 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.
F2	On February 23, 2018, the reporting person was granted a 10-year option exercisable for 4,017 shares of Common Stock, cliff-vesting on February 23, 2021.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $237.01 to $237.56, 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.

On February 23, 2018, the reporting person was granted a 10-year option exercisable for 4,017 shares of Common Stock, cliff-vesting on February 23, 2021.