John Clarence Barichivich III - 28 Feb 2024 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Issuer symbol
ALB
Transactions as of
28 Feb 2024
Net transactions value
-$20,733
Form type
4
Filing time
01 Mar 2024, 16:56:13 UTC
Previous filing
28 Feb 2024
Next filing
14 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALB Common Stock Options Exercise $0 +535 +9.2% $0.000000 6,375 28 Feb 2024 Direct
transaction ALB Common Stock Tax liability $20,733 -157 -2.5% $132.06 6,218 28 Feb 2024 Direct F1
holding ALB Common Stock 1,228 28 Feb 2024 Albemarle Savings Plan 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 Restricted Stock Units Options Exercise $0 -535 -100% $0.000000* 0 28 Feb 2024 Common Stock 535 Direct F3, 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 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.
F3 Each Restricted Stock Unit converts to 1 share of Common Stock.
F4 Restricted Stock Units originally granted on 2/28/2020. 50% vested on 02/28/2023 and the remaining 50% vested on 02/26/2024.
F5 No expiration date.