ALBEMARLE CORP 4
4 · ALBEMARLE CORP · Filed Jul 6, 2016
Insider Transaction Report
Form 4
HERNANDEZ WILLIAM H
Director
Transactions
- Award
Phantom Stock
2016-07-01+1,500→ 7,420 total→ Common Stock (1,500 underlying)
Footnotes (5)
- [F1]Phantom Stock units convert 1 for 1 into common stock.
- [F2]Shares represent deferred director compensation pursuant to 2013 Stock Compensation and Deferral Election Plan for Non-Employee Directors of Albemarle Corporation.
- [F3]Exercisable in a single lump sum on February 15th of the calendar year after the year in which the reporting person is no longer a director.
- [F4]No expiration date.
- [F5]Includes dividend equivalent rights earned based on total shares of Phantom Stock in Director's deferred stock account.