Karen G. Narwold - 31 Dec 2021 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Role
EVP, Chief Admin Officer
Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Issuer symbol
ALB
Transactions as of
31 Dec 2021
Net transactions value
-$619,257
Form type
4
Filing time
04 Jan 2022, 15:48:01 UTC
Previous filing
08 Dec 2021
Next filing
28 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALB Common Stock Options Exercise $0 +3,055 +26% $0.000000 14,902 31 Dec 2021 Direct F2
transaction ALB Common Stock Tax liability $319,330 -1,366 -9.2% $233.77 13,536 31 Dec 2021 Direct F3
transaction ALB Common Stock Options Exercise $0 +4,212 +31% $0.000000 17,748 01 Jan 2022 Direct F4
transaction ALB Common Stock Tax liability $299,927 -1,283 -7.2% $233.77 16,465 01 Jan 2022 Direct F5
holding ALB Common Stock 554 31 Dec 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 Restricted Stock Units Options Exercise $0 -3,055 -100% $0.000000* 0 31 Dec 2021 Common Stock 3,055 Direct F2, F6, F7
transaction ALB Performance Stock Units Options Exercise $0 -4,212 -100% $0.000000* 0 01 Jan 2022 Common Stock 4,212 Direct F4, F7, F8
* 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 Restricted Stock Units granted on 02/28/2020 which vested on 12/31/2021.
F3 Shares withheld to meet tax liabilities associated with vesting of Restricted Stock Units.
F4 Performance Stock Units granted on 2/23/2018. 50% vested on 02/25/2021 and 50% vested on 01/01/2022.
F5 Shares withheld to meet tax liabilities associated with vesting of Performance Stock Units.
F6 Each Restricted Stock Unit converts to 1 share of Common Stock.
F7 No expiration date.
F8 Each Performance Stock Unit converts to 1 share of Common Stock.