Masters J Kent 4

4 · ALBEMARLE CORP · Filed Feb 26, 2024

Form 4

Period: 2024-02-22

DirectorChairman & CEO

Transactions

Exercise/Conversion
Common Stock
2024-02-22+17,496→ 78,324 total
Tax Payment
Common Stock
2024-02-22$118.18/sh−6,464$763,916→ 71,860 total
Exercise/Conversion
Performance Stock Units
2024-02-22−17,496→ 0 total
→ Common Stock (17,496 underlying)
Award
Stock Options
2024-02-22+51,335→ 51,335 total
Exercise: $118.18Exp: 2034-02-22→ Common Stock (51,335 underlying)
Award
Restricted Stock Units
2024-02-22+21,155→ 21,155 total
→ Common Stock (21,155 underlying)

Footnotes (7)

[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.
[F2]Shares withheld to meet tax liabilities associated with vesting of Performance Stock Units.
[F3]Each Performance Stock Unit converts into 1 share of Common Stock.
[F4]No expiration date.
[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.
[F7]Stock Options vest on the earlier of 12/31/2025 or the date a successor Chief Executive Officer commences employment with the Issuer.

Documents

1 file