SEC Form 4 · accession 0000932440-15-000004
ALBEMARLE CORP · ALB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald C Zumstein
Officer — Sr VP, Mfg & Supply Chain
Period of report
Jan 1, 2015
Accepted (ET)
Jan 5, 2015 · 4:37 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, 2015 | M | 676 | $0.00 | A | 4,437 | D | |
| Common StockF3 | Jan 1, 2015 | F | 254 | $60.13 | D | 4,183 | D | |
| Common StockF1 | holding | — | — | — | 15,428 | 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 UnitF2,F4,F5,F6 | — | Jan 1, 2015 | M | 676 | D | — | — | Common Stock | 676 | 0 | D |
Explanation of responses
- F1Portion of share increase due to periodic purchases by Albemarle Savings Plan trustee.
- F2Transaction has no purchase or share price.
- F3Performance Units vested on 1/1/2015. Shares withheld to meet tax liabilities associated with such vested shares.
- F4Each Performance Unit converts to 1 share of Common Stock.
- F5Performance Units issued on 2/24/2012 subject to achievement of performance objectives. Performance Units granted by Compensation Committee upon achievement of performance objectives. Performance Units vest over a 2 year period. 50% vested on 2/24/2014 and 50% vested on 1/1/2015.
- F6No expiration date.