Masters J Kent 4
4 · ALBEMARLE CORP · Filed Jan 3, 2025
Insider Transaction Report
Form 4
Masters J Kent
DirectorChairman & CEO
Transactions
- Exercise/Conversion
Common Stock
2024-12-31+434→ 105,356 total - Exercise/Conversion
Restricted Stock Units
2024-12-31−434→ 0 total→ Common Stock (434 underlying) - Tax Payment
Common Stock
2024-12-31$86.08/sh−192$16,527→ 105,164 total
Footnotes (5)
- [F1]The Reporting Person's holdings reported in Table 1, Column 5 include: 10,020 Restricted Stock Units ("RSUs") granted on February 24, 2023, and 21,155 RSUs granted on February 22, 2024, which were previously reported in Table 2 in Forms 4 filed 2/28/2023 and 2/26/2024, respectively. These RSUs will vest 100% on the earlier of 12/31/2025 or the date a successor Chief Executive Officer commences employment with the Issuer (subject to the terms of the applicable award agreement). Starting with this report, RSUs subject to time-based vesting conditions 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.
- [F2]Shares withheld to meet tax liabilities associated with vesting of RSUs.
- [F3]Each RSU converts to 1 share of Common Stock.
- [F4]RSUs granted on 02/25/2022. 95% vested on 12/31/2023 and remaining 5% vested on 12/31/2024.
- [F5]No expiration date.