SEC Form 4
FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol ALBEMARLE CORP [ ALB ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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3. Date of Earliest Transaction (Month/Day/Year) 02/26/2019 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 529 | I | Albemarle Savings Plan(1) | |||||||
Common Stock | 02/26/2019 | M | 1,548(2) | A | $0 | 32,576 | D | |||
Common Stock | 02/26/2019 | F | 460(3) | D | $91.57 | 32,116 | D | |||
Common Stock | 02/26/2019 | M | 6,188(3) | A | $0 | 38,304 | D | |||
Common Stock | 02/26/2019 | F | 2,304(3) | D | $91.57 | 36,000 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Performance Units | (4) | 02/26/2019 | A | 12,376 | (3) | (5) | Common Stock | 12,376(4) | $0 | 12,376 | D | ||||
Performance Units | (4) | 02/26/2019 | M | 6,188 | (3) | (5) | Common Stock | 6,188(4) | $0 | 6,188 | D | ||||
Restricted Stock Unit | (6) | 02/26/2019 | M | 1,548 | (2) | (2) | Common Stock | 1,548 | $0 | 0 | D | ||||
Restricted Stock Unit | (6) | 02/26/2019 | A | 2,886 | (7) | (5) | Common Stock | 2,886 | $0 | 2,886 | D | ||||
Stock Options | $91 | 02/26/2019 | A | 9,474 | 02/26/2022 | 02/26/2029 | Common Stock | 9,474 | $0 | 9,474 | D |
Explanation of Responses: |
1. Total number of shares of Common Stock held in the name of the Reporting Person under the Albemarle Corporation Retirement Savings Plan (the "Albemarle Savings Plan") as of the date of this Form 4. |
2. On February 26, 2016, the reporting person was granted 3,096 restricted stock units, vesting on each of the third and fourth anniversary of the grant date in 2019 and 2020. |
3. Performance Units granted on 2/26/2016. First 50% vested on 2/26/2019 and second 50% vests on 2/26/2020. Shares withheld to meet tax liabilities associated with such vested Performance Units. |
4. Each Performance Unit converts to 1 share of Common Stock. |
5. No expiration date. |
6. Each Restricted Stock Unit converts to 1 share of Common Stock. |
7. One-half of the award amount earned will vest on 2/26/2022 and the remaining half will vest on 2/26/2023. |
Remarks: |
/s/ Ander Krupa, Attorney-in-fact | 02/28/2019 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |