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ALBEMARLE CORP — Director's Dealing 2015
Feb 26, 2015
30590_dirs_2015-02-26_809f914c-f4da-4ad4-9f81-08fd88f99048.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ALBEMARLE CORP (ALB)
CIK: 0000915913
Period of Report: 2015-02-24
Reporting Person: Tozier Scott (Sr VP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-24 | Common Stock | M | 1219 | — | Acquired | 27018 | Direct |
| 2015-02-24 | Common Stock | F | 381 | $56.08 | Disposed | 26637 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-24 | Performance Unit | $ | A | 2437 | Acquired | Common Stock (2437) | Direct | |
| 2015-02-24 | Performance Unit | $ | M | 1219 | Disposed | Common Stock (1219) | Direct | |
| 2015-02-24 | Non-Qualified Stock Option | $56.08 | A | 22320 | Acquired | 2025-02-23 | Common Stock (22320) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1464 | Indirect |
Footnotes
F1: Portion of share increase due to periodic purchases by Albemarle Savings Plan trustee.
F2: Transaction has no purchase price or share price.
F3: Performance Units vested on 2/24/2015. Shares withheld to meet tax liabilities associated with such vested shares.
F4: Each Performance Unit converts to 1 share of Common Stock.
F5: Performance Units issued on 2/22/2013 subject to achievement of performance objectives. Performance Units granted by Compensation Committee upon achievement of performance objectives. Performance Units vest over a 2 year period. 50% vested on 2/24/2015 and 50% will vest on 1/1/2016.
F6: No expiration date.
F7: Stock Options vest in three equal installments over 3 years: 2/24/2018, 2/24/2019 and 2/24/2020.