SEC Form 4 · accession 0000915913-19-000007
ALBEMARLE CORP · ALB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Luther C Kissam IV
Officer — Chairman, President & CEO · Director
Period of report
Jan 1, 2019
Accepted (ET)
Jan 3, 2019 · 6:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000915913
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jan 1, 2019 | M | 42,798 | $0.00 | A | 290,871 | D | |
| Common StockF2 | Jan 1, 2019 | F | 17,268 | $77.07 | D | 273,603 | D | |
| Common StockF1 | holding | — | — | — | 8,219 | I | Albemarle Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance UnitF3,F2,F4 | — | Jan 1, 2019 | M | 42,798 | D | — | — | Common Stock | 42,798 | 0 | D |
Explanation of responses
- F1Portion of share increase due to periodic purchases by Albemarle Savings Plan trustee.
- F2Performance Units granted on 2/23/2015. 50% vested on 2/23/2018 and 50% vested on 1/1/2019. Shares withheld to meet tax liabilities associated with such vested Performance Units.
- F3Each Performance Unit converts to 1 share of Common Stock.
- F4No expiration date but the Performance Units are fully vested as of 1/1/2019.