0000915913-24-000030.txt : 20240226
0000915913-24-000030.hdr.sgml : 20240226
20240226204529
ACCESSION NUMBER: 0000915913-24-000030
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240222
FILED AS OF DATE: 20240226
DATE AS OF CHANGE: 20240226
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Masters J Kent
CENTRAL INDEX KEY: 0001396415
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12658
FILM NUMBER: 24681518
MAIL ADDRESS:
STREET 1: ALBEMARLE CORP.
STREET 2: 451 FLORIDA ST
CITY: BATON ROUGE
STATE: LA
ZIP: 70801
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ALBEMARLE CORP
CENTRAL INDEX KEY: 0000915913
STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821]
ORGANIZATION NAME: 08 Industrial Applications and Services
IRS NUMBER: 541692118
STATE OF INCORPORATION: VA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 4250 CONGRESS STREET
STREET 2: SUITE 900
CITY: CHARLOTTE
STATE: NC
ZIP: 28209
BUSINESS PHONE: 980-299-5700
MAIL ADDRESS:
STREET 1: 4250 CONGRESS STREET
STREET 2: SUITE 900
CITY: CHARLOTTE
STATE: NC
ZIP: 28209
FORMER COMPANY:
FORMER CONFORMED NAME: ECHEM INC
DATE OF NAME CHANGE: 19931208
4
1
wk-form4_1708998295.xml
FORM 4
X0508
4
2024-02-22
0
0000915913
ALBEMARLE CORP
ALB
0001396415
Masters J Kent
ALBEMARLE CORPORATION
4250 CONGRESS STREET, SUITE 900
CHARLOTTE
NC
28209
1
1
0
0
Chairman & CEO
0
Common Stock
2024-02-22
4
M
0
17496
0
A
78324
D
Common Stock
2024-02-22
4
F
0
6464
118.18
D
71860
D
Performance Stock Units
2024-02-22
4
M
0
17496
0
D
Common Stock
17496
0
D
Restricted Stock Units
2024-02-22
4
A
0
21155
0
A
Common Stock
21155
21155
D
Stock Options
118.18
2024-02-22
4
A
0
51335
0
A
2034-02-22
Common Stock
51335
51335
D
Adjusted ROIC Performance Stock Units granted on 02/26/2021. Payout based on 200% performance multiplier and all units vested on 02/22/2024. Threshold performance was not achieved under the terms of the rTSR Performance Stock Units also granted on 02/26/2021 and no Common Stock was earned or paid under this grant.
Shares withheld to meet tax liabilities associated with vesting of Performance Stock Units.
Each Performance Stock Unit converts into 1 share of Common Stock.
No expiration date.
Each Restricted Stock Unit converts to 1 share of Common Stock.
Restricted Stock Units vest 100% on the earlier of 12/31/2025 or the date a successor Chief Executive Officer commences employment with the Issuer.
Stock Options vest on the earlier of 12/31/2025 or the date a successor Chief Executive Officer commences employment with the Issuer.
/s/ Stefanie M. Holland, Attorney-in-Fact
2024-02-26