Kristin M. Coleman - 26 Feb 2024 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Issuer symbol
ALB
Transactions as of
26 Feb 2024
Net transactions value
-$65,985
Form type
4
Filing time
28 Feb 2024, 19:18:19 UTC
Previous filing
26 Feb 2024
Next filing
07 Aug 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALB Common Stock Award $0 +1,763 +128% $0.000000 3,136 26 Feb 2024 Direct F1
transaction ALB Common Stock Tax liability $65,985 -543 -17% $121.52 2,593 26 Feb 2024 Direct F2
holding ALB Common Stock 1,373 26 Feb 2024 See Footnote F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were issued to the Reporting Person on 2/26/2024 as settlement of 50% of the payout earned under the Issuer's 2023 Annual Incentive Plan and vested immediately.
F2 Shares withheld to meet tax liabilities associated with vesting of Common Stock.
F3 These shares are owned directly by the Kristin Coleman Revocable Trust (the "Trust"), of which the Reporting Person is the sole trustee.
F4 In Table I of a Form 4 previously filed by the Reporting Person reporting the Trust's purchase of 1,373 shares on November 7, 2023, Column 5 inadvertently reported all 2,746 shares beneficially owned by the Reporting Person after that transaction as owned indirectly by the Trust. Column 5 of Table 1 above corrects that misstatement and sets forth separately the total number of shares beneficially owned by the Reporting Person both directly and indirectly after the reported transactions.