Holly Van Deursen - Jul 1, 2024 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Role
Director
Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Stock symbol
ALB
Transactions as of
Jul 1, 2024
Transactions value $
$0
Form type
4
Date filed
7/3/2024, 01:15 PM
Previous filing
Nov 29, 2023

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 Phantom Stock Award $0 +1.75K +42.77% $0.00 5.84K Jul 1, 2024 Common Stock 1.75K Direct F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Phantom Stock units convert 1 for 1 into common stock.
F2 Phantom Stock units represent an annual award of non-employee director stock compensation issued under the 2023 Stock Compensation and Deferral Election Plan for Non-Employee Directors of Albemarle Corporation (the "2023 Directors Plan"). Units to vest on July 1, 2025.
F3 Payable as shares of common stock upon events established by the reporting person in accordance with the terms of the 2023 Directors Plan.
F4 No expiration date.
F5 Includes dividend equivalent rights earned based on total shares of Phantom Stock in reporting person's deferred stock account.