John Clarence Barichivich III - 26 Feb 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
26 Feb 2024
Net transactions value
-$9,965
Form type
4
Filing time
28 Feb 2024, 17:40:44 UTC
Previous filing
26 Feb 2024
Next filing
01 Mar 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 +279 +4.9% $0.000000 5,922 26 Feb 2024 Direct F1
transaction ALB Common Stock Tax liability $9,965 -82 -1.4% $121.52 5,840 26 Feb 2024 Direct F2
holding ALB Common Stock 1,228 26 Feb 2024 Albemarle Savings Plan F3

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 -279 -50% $0.000000 279 26 Feb 2024 Common Stock 279 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units originally granted on 02/26/2021. 50% vested on 02/26/2024 and the remaining 50% will vest on 02/26/2025.
F2 Shares withheld to meet tax liabilities associated with vesting of Restricted Stock Units.
F3 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.
F4 Each Restricted Stock Unit converts to 1 share of Common Stock.
F5 No expiration date.