Karen G. Narwold - Feb 28, 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
Feb 28, 2023
Transactions value $
-$954,934
Form type
4
Date filed
3/2/2023, 06:50 PM
Previous filing
Feb 28, 2023
Next filing
May 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALB Common Stock Options Exercise $0 +1.68K +16.2% $0.00 12K Feb 28, 2023 Direct F2
transaction ALB Common Stock Tax liability -$191K -751 -6.23% $254.31 11.3K Feb 28, 2023 Direct F3
transaction ALB Common Stock Award $0 +3.36K +29.74% $0.00 14.7K Feb 28, 2023 Direct F4
transaction ALB Common Stock Tax liability -$382K -1.5K -10.25% $254.31 13.2K Feb 28, 2023 Direct F5
transaction ALB Common Stock Award $0 +3.36K +25.54% $0.00 16.5K Feb 28, 2023 Direct F6
transaction ALB Common Stock Tax liability -$382K -1.5K -9.09% $254.31 15K Feb 28, 2023 Direct F5
holding ALB Common Stock 559 Feb 28, 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 Restricted Stock Units Options Exercise $0 -1.68K -50% $0.00 1.68K Feb 28, 2023 Common Stock 1.68K Direct F2, F7, F8
transaction ALB Performance Stock Units Award $0 +3.36K $0.00 3.36K Feb 28, 2023 Common Stock 3.36K Direct F4, F8, F9
transaction ALB Performance Stock Units Award $0 +3.36K $0.00 3.36K Feb 28, 2023 Common Stock 3.36K Direct F6, F8, F9
* 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. 50% vested on 02/28/2023 and 50% vests on 02/28/2024.
F3 Shares withheld to meet tax liabilities associated with vesting of Restricted Stock Units.
F4 rTSR Performance Stock Units granted on 02/28/2020. 50% vested 02/28/2023 and 50% vests 01/01/2024.
F5 Shares withheld to meet tax liabilities associated with vesting of Performance Stock Units.
F6 ROIC Performance Stock Units granted on 02/28/2020. 50% vested 02/28/2023 and 50% vests 01/01/2024.
F7 Each Restricted Stock Unit converts to 1 share of Common Stock.
F8 No expiration date.
F9 Each Performance Stock Unit converts to 1 share of Common Stock.