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ALBEMARLE CORP — Director's Dealing 2025
Jan 3, 2025
30590_dirs_2025-01-03_0e4f854f-3add-4394-9834-88f8f44a4da6.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: 2025-01-01
Reporting Person: Johnson Netha N. (Chief Operations Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-01-01 | Common Stock | M | 1750 | — | Acquired | 40104 | Direct |
| 2025-01-01 | Common Stock | F | 600 | $86.08 | Disposed | 39504 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-01-01 | Performance Stock Units | $ | M | 1750 | Disposed | Common Stock (1750) | Direct |
Footnotes
F1: Adjusted ROIC Performance Stock Units granted on 02/26/2021. Payout based on 200% performance multiplier. 50% vested on 02/22/2024 and the remaining 50% vested on 01/01/2025.
F2: The Reporting Person's holdings reported in Table 1, Column 5 include: 1,759 Restricted Stock Units ("RSUs") granted on February 25, 2022, which vest 100% on February 25, 2025; 2,004 RSUs granted on February 24, 2023, which vest 100% on February 24, 2026; and 4,231 RSUs granted on February 22, 2024, which vest 100% on February 22, 2027. These RSUs were previously reported in Table 2 in Forms 4 filed 3/1/2022, 2/28/2023 and 2/26/2024, respectively. Starting with this report, RSUs subject to time-based vesting conditions (subject to the terms of the applicable award agreement) will be reported in Table 1 at grant and in Column 5 as beneficially owned for consistency in reporting methodology amongst reporting persons of the Issuer.
F3: Shares withheld to meet tax liabilities associated with vesting of Performance Stock Units.
F4: Each Performance Stock Unit converts to 1 share of Common Stock.
F5: No expiration date.