John Clarence Barichivich III - 01 Jan 2024 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Role
VP, Controller & CAO
Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Issuer symbol
ALB
Transactions as of
01 Jan 2024
Net transactions value
-$53,458
Form type
4
Filing time
03 Jan 2024, 20:09:47 UTC
Previous filing
02 Mar 2023
Next filing
26 Feb 2024
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 +536 +11% $0.000000 5,279 01 Jan 2024 Direct F1
transaction ALB Common Stock Tax liability $26,729 -185 -3.5% $144.48 5,094 01 Jan 2024 Direct F2
transaction ALB Common Stock Options Exercise $0 +536 +11% $0.000000 5,630 01 Jan 2024 Direct F3
transaction ALB Common Stock Tax liability $26,729 -185 -3.3% $144.48 5,445 01 Jan 2024 Direct F2
holding ALB Common Stock 1,218 01 Jan 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% $0.000000* 0 01 Jan 2024 Common Stock 536 Direct F1, F5, F6
transaction ALB Performance Stock Units Options Exercise $0 -536 -100% $0.000000* 0 01 Jan 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.