John Clarence Barichivich III - Jan 1, 2024 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Role
VP, Controller & CAO
Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Stock symbol
ALB
Transactions as of
Jan 1, 2024
Transactions value $
-$53,458
Form type
4
Date filed
1/3/2024, 08:09 PM
Previous filing
Mar 2, 2023
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALB Common Stock Options Exercise $0 +536 +11.3% $0.00 5.28K Jan 1, 2024 Direct F1
transaction ALB Common Stock Tax liability -$26.7K -185 -3.5% $144.48 5.09K Jan 1, 2024 Direct F2
transaction ALB Common Stock Options Exercise $0 +536 +10.52% $0.00 5.63K Jan 1, 2024 Direct F3
transaction ALB Common Stock Tax liability -$26.7K -185 -3.29% $144.48 5.45K Jan 1, 2024 Direct F2
holding ALB Common Stock 1.22K Jan 1, 2024 Albemarle Savings Plan F4

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 -536 -100% $0.00* 0 Jan 1, 2024 Common Stock 536 Direct F1, F5, F6
transaction ALB Performance Stock Units Options Exercise $0 -536 -100% $0.00* 0 Jan 1, 2024 Common Stock 536 Direct F3, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 rTSR Performance Stock Units granted on 02/28/2020. 50% vested on 02/28/2023 and 50% vested on 01/01/2024.
F2 Shares withheld to meet tax liabilities associated with vesting of Performance Stock Units.
F3 Adjusted ROIC Performance Stock Units granted on 02/28/2020. 50% vested on 02/28/2023 and 50% vested on 01/01/2024.
F4 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.
F5 Each Performance Stock Unit converts to 1 share of Common Stock.
F6 No expiration date.