Filing Details
- Accession Number:
- 0000915913-20-000038
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-02-25 16:29:41
- Reporting Period:
- 2020-02-21
- Accepted Time:
- 2020-02-25 16:29:41
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
915913 | Albemarle Corp | ALB | Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821) | 541692118 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1266395 | Iv C Luther Kissam | Albemarle Corporation 4250 Congress Street, Suite 900 Charlotte NC 28209 | Chairman, President & Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2020-02-21 | 40,000 | $56.16 | 359,566 | No | 4 | M | Direct | |
Common Stock | Disposition | 2020-02-21 | 2,300 | $91.33 | 357,266 | No | 4 | S | Direct | |
Common Stock | Disposition | 2020-02-21 | 31,094 | $92.33 | 326,172 | No | 4 | S | Direct | |
Common Stock | Disposition | 2020-02-21 | 6,606 | $92.82 | 319,566 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2020-02-24 | 5,381 | $0.00 | 324,947 | No | 4 | M | Direct | |
Common Stock | Disposition | 2020-02-24 | 2,406 | $92.43 | 322,541 | No | 4 | F | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct | |
No | 4 | F | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option | Disposition | 2020-02-21 | 40,000 | $0.00 | 40,000 | $56.16 |
Common Stock | Restricted Stock Unit | Disposition | 2020-02-24 | 5,381 | $0.00 | 5,381 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2014-01-31 | 2021-01-30 | No | 4 | M | Direct |
5,381 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 8,420 | Indirect | Albemarle Savings Plan |
Footnotes
- Total number of shares of Common Stock held in the name of the Reporting Person under the Albemarle Corporation Retirement Savings Plan (the "Albemarle Savings Plan") as of the date of this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.66 to $91.65, inclusive. The Reporting Person undertakes to provide to Albemarle Corporation, any security holder of Albemarle Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.66 to $92.65, inclusive. The Reporting Person undertakes to provide to Albemarle Corporation, any security holder of Albemarle Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.66 to $93.18, inclusive. The Reporting Person undertakes to provide to Albemarle Corporation, any security holder of Albemarle Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Each Restricted Stock Unit converts to 1 share of Common Stock.
- Shares withheld to meet tax liabilities associated with vesting of Restricted Stock Units.
- Stock Options vested in three equal installments over 3 years: 01/31/2012, 01/31/2013 and 01/31/2014.
- On 02/24/2017, the Reporting Person was granted 10,762 Restricted Stock Units, vesting 50% on 02/24/2020 and 50% on 02/24/2021.