Sec Form 4 Filing - Tozier Scott @ ALBEMARLE CORP - 2019-02-26

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Tozier Scott
2. Issuer Name and Ticker or Trading Symbol
ALBEMARLE CORP [ ALB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP & CFO
(Last) (First) (Middle)
ALBEMARLE CORPORATION, 4250 CONGRESS STREET, SUITE 900
3. Date of Earliest Transaction (MM/DD/YY)
02/26/2019
(Street)
CHARLOTTE, NC28209
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 1,560 I Albemarle Savings Plan ( 1 )
Common Stock 02/26/2019 M 1,990 ( 2 ) A $ 0 48,701 D
Common Stock 02/26/2019 F 592 ( 3 ) D $ 91.57 48,109 D
Common Stock 02/26/2019 M 7,956 ( 3 ) A $ 0 56,065 D
Common Stock 02/26/2019 F 3,432 ( 3 ) D $ 91.57 52,633 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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 Unit ( 4 ) 02/26/2019 A 15,912 ( 3 ) ( 5 ) Common Stock 15,912 $ 0 15,912 D
Performance Unit ( 4 ) 02/26/2019( 4 ) M 7,956 ( 4 ) ( 3 ) ( 5 ) Common Stock 7,956 $ 0 7,956 D
Restricted Stock Unit ( 6 ) 02/26/2019 A 3,022 ( 7 ) ( 5 ) Common Stock 3,022 $ 0 0 D
Restricted Stock Unit ( 6 ) 02/26/2019 M 1,990 ( 2 ) ( 2 ) Common Stock 1,990 $ 0 1,990 D
Stock Option $ 91 02/26/2019 A 9,925 02/26/2022 02/26/2029 Common Stock 9,925 $ 0 9,925 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Tozier Scott
ALBEMARLE CORPORATION
4250 CONGRESS STREET, SUITE 900
CHARLOTTE, NC28209
EVP & CFO
Signatures
/s/ Ander Krupa, Attorney-in-fact 02/28/2019
Signature of Reporting Person Date
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 3,980 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 2/26/22 and the remaining half will vest on 2/26/23.

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.