Scott A. Tozier - 28 Feb 2023 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Role
EVP & CFO
Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Issuer symbol
ALB
Transactions as of
28 Feb 2023
Net transactions value
-$2,450,515
Form type
4
Filing time
02 Mar 2023, 18:51:13 UTC
Previous filing
28 Feb 2023
Next filing
06 Mar 2023
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 +12,218 +19% $0.000000 76,437 28 Feb 2023 Direct F2
transaction ALB Common Stock Tax liability $1,389,041 -5,462 -7.1% $254.31 70,975 28 Feb 2023 Direct F3
transaction ALB Common Stock Options Exercise $0 +1,680 +2.4% $0.000000 72,655 28 Feb 2023 Direct F4
transaction ALB Common Stock Tax liability $190,987 -751 -1% $254.31 71,904 28 Feb 2023 Direct F3
transaction ALB Common Stock Award $0 +3,360 +4.7% $0.000000 75,264 28 Feb 2023 Direct F5
transaction ALB Common Stock Tax liability $381,974 -1,502 -2% $254.31 73,762 28 Feb 2023 Direct F6
transaction ALB Common Stock Award $0 +3,360 +4.6% $0.000000 77,122 28 Feb 2023 Direct F7
transaction ALB Common Stock Tax liability $381,974 -1,502 -1.9% $254.31 75,620 28 Feb 2023 Direct F6
transaction ALB Common Stock Sale $106,539 -417 -0.55% $255.49 75,203 01 Mar 2023 Direct F8
holding ALB Common Stock 1,610 28 Feb 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 Unit Options Exercise $0 -12,218 -100% $0.000000* 0 28 Feb 2023 Common Stock 12,218 Direct F2, F9, F10
transaction ALB Restricted Stock Unit Options Exercise $0 -1,680 -50% $0.000000 1,680 28 Feb 2023 Common Stock 1,680 Direct F4, F9, F10
transaction ALB Performance Stock Units Award $0 +3,360 $0.000000 3,360 28 Feb 2023 Common Stock 3,360 Direct F5, F10, F11
transaction ALB Performance Stock Units Award $0 +3,360 $0.000000 3,360 28 Feb 2023 Common Stock 3,360 Direct F7, F10, F11
* 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 02/28/2020 and vested 02/28/2023.
F3 Shares withheld to meet tax liabilities associated with vesting of Restricted Stock Units.
F4 Restricted Stock Units granted 02/28/2020. 50% vested on 02/28/2023 and 50% vests 02/28/2024.
F5 rTSR Performance Stock Units granted 02/28/2020. 50% vested 02/28/2023 and 50% vests 01/01/2024.
F6 Shares withheld to meet tax liabilities associated with vesting of Performance Stock Units.
F7 ROIC Performance Stock Units granted 02/28/2020. 50% vested 02/28/2023 and 50% vests 01/01/2024.
F8 The share sale reported in this Form 4 was effected pursuant to a previously adopted Rule 10b5-1 trading plan.
F9 Each Restricted Stock Unit converts to 1 share of Common Stock.
F10 No expiration date.
F11 Each Performance Stock Unit converts to 1 share of Common Stock.