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ALBEMARLE CORP — Director's Dealing 2024
Feb 28, 2024
30590_dirs_2024-02-28_8a7a274f-d4d6-483d-87f7-6b53f8d1efd9.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: 2024-02-26
Reporting Person: Norris Eric (President, Energy Storage)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-26 | Common Stock | A | 1993 | — | Acquired | 34298 | Direct |
| 2024-02-26 | Common Stock | F | 881 | $121.52 | Disposed | 33417 | Direct |
| 2024-02-26 | Common Stock | M | 875 | — | Acquired | 34292 | Direct |
| 2024-02-26 | Common Stock | F | 387 | $121.52 | Disposed | 33905 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-26 | Restricted Stock Units | $ | M | 875 | Disposed | Common Stock (875) | Direct |
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: Each Restricted Stock Unit converts to 1 share of Common Stock.
F6: No expiration date.