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ALBEMARLE CORP — Director's Dealing 2016
Mar 1, 2016
30590_dirs_2016-03-01_7ed6428e-1253-44ed-948c-2439966017d8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ALBEMARLE CORP (ALB)
CIK: 0000915913
Period of Report: 2016-02-26
Reporting Person: NARWOLD KAREN G (Sr VP, GC, Corp & Gov Aff)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-26 | Common Stock | M | 2445 | — | Acquired | 22338 | Direct |
| 2016-02-26 | Common Stock | F | 825 | $56.56 | Disposed | 21513 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-26 | Restricted Stock Unit | $ | A | 4889 | Acquired | Common Stock (4889) | Direct | |
| 2016-02-26 | Restricted Stock Unit | $ | M | 2445 | Disposed | Common Stock (2445) | Direct | |
| 2016-02-26 | Stock Option | $56.56 | A | 10897 | Acquired | 2026-02-26 | Common Stock (10897) | Direct |
| 2016-02-26 | Restricted Stock Unit | $ | A | 3096 | Acquired | Common Stock (3096) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 508 | Indirect |
Footnotes
F1: Portion of share increase due to periodic purchases by Albemarle Savings Plan trustee.
F2: Performance-based Restricted Stock Units granted on 2/24/2014, with the actual issuance of such Restricted Stock Units subject to Compensation Committee certification upon the achievement of specified performance objectives. Restricted Stock Units vest over a 2 year period. 50% vested on 2/26/2016 and 50% vest on 1/1/2017. Shares withheld to meet tax liabilities associated with such vested Restricted Stock Units.
F3: Each Restricted Stock Unit converts to 1 share of Common Stock.
F4: No expiration date.
F5: One-half of the award amount earned will vest on 2/26/2019 and the remaining half will vest on 2/26/2020.