Karen G. Narwold - Jan 1, 2023 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Role
EVP, Chief Admin Officer
Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Stock symbol
ALB
Transactions as of
Jan 1, 2023
Transactions value $
-$324,423
Form type
4
Date filed
1/4/2023, 03:58 PM
Previous filing
Dec 1, 2022
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALB Common Stock Options Exercise $0 +1.92K +30.75% $0.00 8.18K Jan 1, 2023 Direct F2
transaction ALB Common Stock Tax liability -$132K -609 -7.44% $216.86 7.57K Jan 1, 2023 Direct F3
transaction ALB Common Stock Options Exercise $0 +2.89K +38.11% $0.00 10.5K Jan 1, 2023 Direct F2
transaction ALB Common Stock Tax liability -$192K -887 -8.48% $216.86 9.57K Jan 1, 2023 Direct F3
holding ALB Common Stock 559 Jan 1, 2023 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 Performance Stock Units Options Exercise $0 -1.92K -100% $0.00* 0 Jan 1, 2023 Common Stock 1.92K Direct F2, F4, F5
transaction ALB Performance Stock Units Options Exercise $0 -2.89K -100% $0.00* 0 Jan 1, 2023 Common Stock 2.89K Direct F2, F4, F5
* 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 Performance Stock Units granted on 02/26/2019. 50% vested on 02/24/2022 and 50% vested on 01/01/2023.
F3 Shares withheld to meet tax liabilities associated with vesting of Performance Stock Units.
F4 Each Performance Stock Unit converts to 1 share of Common Stock.
F5 No expiration date.