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ALBEMARLE CORP — Director's Dealing 2017
Mar 8, 2017
30590_dirs_2017-03-08_f5bc63fa-2ded-4104-b8b2-d9d4dd39c3fe.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: 2017-03-06
Reporting Person: SHERMAN JOHN JR (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-06 | Phantom Stock | $ | J | 5000 | Disposed | Common Stock (5000) | Direct |
Footnotes
F1: Phantom Stock units convert 1 for 1 into common stock. Represents deferred director compensation.
F2: Exercise of one-time option to convert Phantom Stock to deferred cash account pursuant to 2013 Stock Compensation and Deferral Election Plan for Non-Employee Directors of Albemarle Corporation.
F3: Exercisable in a single lump sum on February 15th of the calendar year after the year in which the reporting person is no longer a director.
F4: No expiration date.
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