Eric Norris - 01 Jan 2022 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Role
President, Lithium
Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Issuer symbol
ALB
Transactions as of
01 Jan 2022
Net transactions value
-$183,042
Form type
4
Filing time
04 Jan 2022, 15:48:55 UTC
Previous filing
13 Aug 2021
Next filing
25 Feb 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 +2,528 +20% $0.000000 15,321 01 Jan 2022 Direct F1
transaction ALB Common Stock Tax liability $183,042 -783 -5.1% $233.77 14,538 01 Jan 2022 Direct F2

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 -2,528 -100% $0.000000* 0 01 Jan 2022 Common Stock 2,528 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance Stock Units granted on 2/23/2018. 50% vested on 02/25/2021 and 50% vested on 01/01/2022.
F2 Shares withheld to meet tax liabilities associated with vesting of Performance Stock Units.
F3 Each Performance Stock Unit converts to 1 share of Common Stock.
F4 No expiration date.