AI assistant
ALBEMARLE CORP — Director's Dealing 2024
Feb 28, 2024
30590_dirs_2024-02-28_f625f209-1312-4939-b3f3-a7476571cad8.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ALBEMARLE CORP (ALB)
CIK: 0000915913
Period of Report: 2024-02-26
Reporting Person: Anderson Melissa H. (EVP, Chief People Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-26 | Common Stock | A | 1398 | — | Acquired | 4475 | Direct |
| 2024-02-26 | Common Stock | F | 618 | $121.52 | Disposed | 3857 | Direct |
| 2024-02-26 | Common Stock | M | 597 | — | Acquired | 4454 | Direct |
| 2024-02-26 | Common Stock | F | 264 | $121.52 | Disposed | 4190 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-26 | Restricted Stock Units | $ | M | 597 | Disposed | Common Stock (597) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 172.93 | Indirect |
Footnotes
F1: Shares were issued to the Reporting Person on 2/26/2024 as settlement of 50% of the payout earned under the Issuer's 2023 Annual Incentive Plans and vested immediately.
F2: Shares withheld to meet tax liabilities associated with vesting of Common Stock.
F3: Restricted Stock Units originally granted on 2/26/2021. 50% vested on 02/26/2024 and the remaining 50% will vest on 02/26/2025.
F4: Shares withheld to meet tax liabilities associated with vesting of Restricted Stock Units.
F5: 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.
F6: Each Restricted Stock Unit converts to 1 share of Common Stock.
F7: No expiration date.