Gerald A. Steiner - Jul 1, 2022 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Role
Director
Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Stock symbol
ALB
Transactions as of
Jul 1, 2022
Transactions value $
$0
Form type
4
Date filed
7/5/2022, 05:28 PM
Previous filing
Jul 6, 2021
Next filing
Jul 6, 2023

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 Phantom Stock Award $0 +731 +8.52% $0.00 9.31K Jul 1, 2022 Common Stock 731 Direct F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Phantom Stock units convert 1 for 1 into common stock.
F2 Shares represent an annual installment of non-employee director stock compensation pursuant to 2013 Stock Compensation and Deferral Election Plan for Non-Employee Directors of Albemarle Corporation.
F3 Exercisable in five equal annual installments beginning February 15th in the earlier of the calendar year after the year the reporting person is no longer a director, or the reporting person's attainment of age 65.
F4 No expiration date.
F5 Includes dividend equivalent rights earned based on total shares of Phantom Stock in Director's deferred stock account.