Eric Norris - Feb 24, 2022 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
Feb 24, 2022
Transactions value $
-$388,847
Form type
4
Date filed
2/28/2022, 04:40 PM
Previous filing
Feb 25, 2022
Next filing
Mar 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALB Common Stock Options Exercise $0 +2.34K +15.59% $0.00 17.3K Feb 24, 2022 Direct F1
transaction ALB Common Stock Tax liability -$192K -1.05K -6.03% $184.20 16.3K Feb 24, 2022 Direct F2
transaction ALB Common Stock Options Exercise $0 +1.56K +9.57% $0.00 17.8K Feb 24, 2022 Direct F1
transaction ALB Common Stock Tax liability -$96K -521 -2.92% $184.20 17.3K Feb 24, 2022 Direct F2
transaction ALB Common Stock Options Exercise $0 +1.17K +6.75% $0.00 18.5K Feb 26, 2022 Direct F3
transaction ALB Common Stock Tax liability -$100K -523 -2.83% $191.95 18K Feb 26, 2022 Direct F4

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 -2.34K -50% $0.00 2.34K Feb 24, 2022 Common Stock 2.34K Direct F1, F5, F6
transaction ALB Performance Stock Units Options Exercise $0 -1.56K -50% $0.00 1.56K Feb 24, 2022 Common Stock 1.56K Direct F1, F5, F6
transaction ALB Restricted Stock Units Options Exercise $0 -1.17K -50% $0.00 1.17K Feb 26, 2022 Common Stock 1.17K Direct F3, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance stock units granted 02/26/2019. 50% vested 02/24/2022 and 50% vests 01/01/2023.
F2 Shares withheld to meet tax liabilities associated with vesting of Performance Stock Units.
F3 Restricted stock units granted 02/26/2019. 50% vested 02/26/2022 and 50% vests 02/26/2023.
F4 Shares withheld to meet tax liabilities associated with vesting of Restricted Stock Units.
F5 Each Performance Stock Unit converts to 1 share of Common Stock.
F6 No expiration date.
F7 Each Restricted Stock Unit converts to 1 share of Common Stock.