4//SEC Filing
Masters J Kent 4
Accession 0000915913-24-000030
CIK 0000915913other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 8:45 PM ET
Size
13.2 KB
Accession
0000915913-24-000030
Insider Transaction Report
Form 4
Masters J Kent
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 totalExercise: $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
Issuer
ALBEMARLE CORP
CIK 0000915913
Entity typeother
Related Parties
1- filerCIK 0001396415
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 8:45 PM ET
- Size
- 13.2 KB