Form 4 for ALB Albemarle Corporation
Accepted 2025-01-03 00:00:00 ET · period of report 2025-01-01 · accession 0000915913-25-000009 · 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 | 2025-01-03 | 2025-01-01 | ALB | Norris Eric | Chief Commercial Off | M - OptEx | $0.00 | +1,750 | 44.6K | +4% | $0 |
| D | 2025-01-03 | 2025-01-01 | ALB | Norris Eric | Chief Commercial Off | F - Tax | $86.08 | -600 | 44.0K | -1% | -$51.6K |
| D | 2025-01-03 | 2025-01-01 | ALB | Norris Eric | Chief Commercial Off | M - OptEx | $0.00 | -1,750 | 0 | -100% | $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 | 2025-01-01 | M | A | 1,750 | $0.00 | 44,586 | D | — | — | (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. |
| 2 | Common | Common Stock | 2025-01-01 | F | D | 600 | $86.08 | 43,986 | D | — | — | (F3) Shares withheld to meet tax liabilities associated with vesting of Performance Stock Units. (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. |
| 3 | Derivative | Performance Stock Units | 2025-01-01 | M | D | 1,750 | $0.00 | 0 | D | — · — to — | 1,750 Common Stock | (F4) Each Performance Stock Unit converts to 1 share of Common Stock. (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. (F5) No expiration date. |