SEC Form 4 · accession 0000915913-19-000017
ALBEMARLE CORP · ALB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alejandro Daniel Wolff
Director
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 5:59 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 StockF1,F2 | Feb 15, 2019 | M | 4,353 | $0.00 | A | 6,356 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2,F5,F3,F4 | — | Feb 15, 2019 | M | 4,353 | D | — | — | Common Stock | 4,353 | 1,410 | D |
Explanation of responses
- F1Shares delivered pursuant to deferred compensation distribution elections made in prior years.
- F2Phantom Stock units convert 1 for 1 into common stock. Represents deferred director compensation. The reporting person settled 4,353 shares of Phantom Stock for the same number of shares of common stock.
- F3Exercisable in a single lump sum on February 15th of the calendar year after the year in which Mr. Wolff attains age 62, even if he is still director.
- F4No expiration date.
- F5Balance includes dividend equivalent rights earned on total shares of Phantom Stock in Director's deferred stock account.