Eric Norris - 01 Jan 2024 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Role
President, Energy Storage
Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Issuer symbol
ALB
Transactions as of
01 Jan 2024
Net transactions value
-$292,428
Form type
4
Filing time
03 Jan 2024, 20:11:33 UTC
Previous filing
15 May 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 +3,360 +13% $0.000000 29,956 01 Jan 2024 Direct F1
transaction ALB Common Stock Tax liability $150,548 -1,042 -3.5% $144.48 28,914 01 Jan 2024 Direct F2
transaction ALB Common Stock Options Exercise $0 +3,360 +12% $0.000000 32,274 01 Jan 2024 Direct F3
transaction ALB Common Stock Tax liability $141,879 -982 -3% $144.48 31,292 01 Jan 2024 Direct F2

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 -3,360 -100% $0.000000* 0 01 Jan 2024 Common Stock 3,360 Direct F1, F4, F5
transaction ALB Performance Stock Units Options Exercise $0 -3,360 -100% $0.000000* 0 01 Jan 2024 Common Stock 3,360 Direct F3, F4, F5
* 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 Each Performance Stock Unit converts to 1 share of Common Stock.
F5 No expiration date.