SEC Form 4 · accession 0001648210-17-000017
ALBEMARLE CORP · ALB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Sherman Jr.
Director
Period of report
Mar 6, 2017
Accepted (ET)
Mar 8, 2017 · 7:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000915913
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2,F1,F3,F4 | — | Mar 6, 2017 | J | 5,000 | D | — | — | Common Stock | 5,000 | 5,947 | D |
Explanation of responses
- F1Phantom Stock units convert 1 for 1 into common stock. Represents deferred director compensation.
- F2Exercise of one-time option to convert Phantom Stock to deferred cash account pursuant to 2013 Stock Compensation and Deferral Election Plan for Non-Employee Directors of Albemarle Corporation.
- F3Exercisable in a single lump sum on February 15th of the calendar year after the year in which the reporting person is no longer a director.
- F4No expiration date.