Holly van Deursen - 01 Jul 2024 Form 4 Insider Report for ALBEMARLE CORP (ALB)

Role
Director
Signature
/s/ Stefanie M. Holland, Attorney-in-Fact
Issuer symbol
ALB
Transactions as of
01 Jul 2024
Net transactions value
$0
Form type
4
Filing time
03 Jul 2024, 13:15:13 UTC
Previous filing
29 Nov 2023
Next filing
19 Nov 2024

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 +1,750 +43% $0.000000 5,842 01 Jul 2024 Common Stock 1,750 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.