4//SEC Filing
Norris Eric 4
Accession 0000915913-24-000035
CIK 0000915913other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 8:52 PM ET
Size
444.3 KB
Accession
0000915913-24-000035
Insider Transaction Report
Form 4
Norris Eric
Chief Commercial Officer
Transactions
- Exercise/Conversion
Common Stock
2024-02-22+1,750→ 33,042 total - Award
Restricted Stock Units
2024-02-22+4,231→ 4,231 total→ Common Stock (4,231 underlying) - Tax Payment
Common Stock
2024-02-22$118.18/sh−737$87,099→ 32,305 total - Exercise/Conversion
Performance Stock Units
2024-02-22−1,750→ 1,750 total→ Common Stock (1,750 underlying) - Award
Stock Options
2024-02-22+10,267→ 10,267 totalExercise: $118.18From: 2027-02-22Exp: 2034-02-22→ Common Stock (10,267 underlying)
Footnotes (6)
- [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% vest on 01/01/2025. 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 to 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 02/22/2027, subject to continued employment.
Issuer
ALBEMARLE CORP
CIK 0000915913
Entity typeother
Related Parties
1- filerCIK 0001624621
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 8:52 PM ET
- Size
- 444.3 KB