Form 4 for ALB Albemarle Corporation
Accepted 2024-02-26 00:00:00 ET · period of report 2024-02-22 · accession 0000915913-24-000030 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-02-26 | 2024-02-22 | ALB | Masters J Kent | COB, CEO, Dir | F - Tax | $118.18 | -6,464 | 71.9K | -8% | -$763.9K |
| D | 2024-02-26 | 2024-02-22 | ALB | Masters J Kent | COB, CEO, Dir | M - OptEx | $0.00 | +17.5K | 78.3K | +29% | $0 |
| D | 2024-02-26 | 2024-02-22 | ALB | Masters J Kent | COB, CEO, Dir | M - OptEx | $0.00 | -17.5K | 0 | -100% | $0 |
| DM | 2024-02-26 | 2024-02-22 | ALB | Masters J Kent | COB, CEO, Dir | A - Grant | $0.00 | +72.5K | 21.2K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-02-22 | F | D | 6,464 | $118.18 | 71,860 | D | — | — | (F2) Shares withheld to meet tax liabilities associated with vesting of Performance Stock Units. |
| 2 | Common | Common Stock | 2024-02-22 | M | A | 17,496 | $0.00 | 78,324 | D | — | — | (F1) Adjusted ROIC Performance Stock Units granted on 02/26/2021. Payout based on 200% performance multiplier and all units vested on 02/22/2024. Threshold performance was not achieved under the terms of the rTSR Performance Stock Units also granted on 02/26/2021 and no Common Stock was earned or paid under this grant. |
| 3 | Derivative | Performance Stock Units | 2024-02-22 | M | D | 17,496 | $0.00 | 0 | D | — · — to — | 17,496 Common Stock | (F3) Each Performance Stock Unit converts into 1 share of Common Stock. (F1) Adjusted ROIC Performance Stock Units granted on 02/26/2021. Payout based on 200% performance multiplier and all units vested on 02/22/2024. Threshold performance was not achieved under the terms of the rTSR Performance Stock Units also granted on 02/26/2021 and no Common Stock was earned or paid under this grant. (F4) No expiration date. |
| 4 | Derivative | Stock Options | 2024-02-22 | A | A | 51,335 | $0.00 | 51,335 | D | $118.18 · — to 2034-02-22 | 51,335 Common Stock | (F7) Stock Options vest on the earlier of 12/31/2025 or the date a successor Chief Executive Officer commences employment with the Issuer. |
| 5 | Derivative | Restricted Stock Units | 2024-02-22 | A | A | 21,155 | $0.00 | 21,155 | D | — · — to — | 21,155 Common Stock | (F5) Each Restricted Stock Unit converts to 1 share of Common Stock. (F6) Restricted Stock Units vest 100% on the earlier of 12/31/2025 or the date a successor Chief Executive Officer commences employment with the Issuer. (F4) No expiration date. |