J. Kent Masters - Dec 31, 2023 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Role
Chairman & CEO, Director
Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Stock symbol
ALB
Transactions as of
Dec 31, 2023
Transactions value $
-$1,071,753
Form type
4
Date filed
1/3/2024, 08:12 PM
Previous filing
May 8, 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 +16.8K +32.6% $0.00 68.2K Dec 31, 2023 Direct
transaction ALB Common Stock Tax liability -$1.07M -7.42K -10.87% $144.48 60.8K Dec 31, 2023 Direct 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 Units Options Exercise $0 -8.03K -94.87% $0.00 434 Dec 31, 2023 Common Stock 8.03K Direct F2, F3, F4
transaction ALB Restricted Stock Units Options Exercise $0 -8.75K -100% $0.00* 0 Dec 31, 2023 Common Stock 8.75K Direct F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to meet tax liabilities associated with vesting of Restricted Stock Units.
F2 Each Restricted Stock Unit converts to 1 share of Common Stock.
F3 Restricted Stock Units granted on 02/25/2022. 95% vested on 12/31/2023 and 5% vests on 12/31/2024.
F4 No expiration date.
F5 Restricted Stock Units granted on 02/26/2021 and vested on 12/31/2023.