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
  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. Each Restricted Stock Unit converts to 1 share of Common Stock.
  6. Shares withheld to meet tax liabilities associated with vesting of Restricted Stock Units.
  7. Stock Options vested in three equal installments over 3 years: 01/31/2012, 01/31/2013 and 01/31/2014.
  8. 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.