ALBEMARLE CORP 4
4 · ALBEMARLE CORP · Filed Mar 8, 2017
Insider Transaction Report
Form 4
SHERMAN JOHN JR
Director
Transactions
- Other
Phantom Stock
2017-03-06−5,000→ 5,947 total→ Common Stock (5,000 underlying)
Footnotes (4)
- [F1]Phantom Stock units convert 1 for 1 into common stock. Represents deferred director compensation.
- [F2]Exercise of one-time option to convert Phantom Stock to deferred cash account 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.