GERALD A. STEINER - 03 Jul 2023 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Role
Director
Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Issuer symbol
ALB
Transactions as of
03 Jul 2023
Net transactions value
$0
Form type
4
Filing time
06 Jul 2023, 16:55:18 UTC
Previous filing
05 Jul 2022
Next filing
03 Jul 2024
SEC
View on sec.gov

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 +750 +8% $0.000000 10,138 03 Jul 2023 Common Stock 750 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 Phantom Stock units represent an annual installment of non-employee director stock compensation pursuant to 2023 Stock Compensation and Deferral Election Plan for Non-Employee Directors of Albemarle Corporation.
F3 Payable as shares of common stock upon events established by the reporting person in accordance with the terms of the 2023 Stock Compensation and Deferral Election Plan.
F4 No expiration date.
F5 Includes dividend equivalent rights earned based on total Phantom Stock units in Director's deferred stock account.