SEC FORM 4

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

OMB APPROVAL

OMB Number:		3235-0287
Expires:	December 31, 2014
Estimated average burden
hours per response:		0.5

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^*

GOTTWALD JOHN D

(Last)

(First)

(Middle)

(Street)

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
ALBEMARLE CORP [ ALB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2003

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/02/2003		A		250⁽¹⁾	A	27.97	709,411⁽²⁾⁽³⁾⁽⁴⁾⁽⁵⁾	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 (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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares represent quarterly installment of non-employee director's stock compensation.

2. Indirect Ownership (a) 17,508 Owned by wife. (b) 5,236 Held by me as custodian for son, Samuel S. Gottwald.* (c) 3,992 Held by W. M. Gottwald as trustee fbo Samuel S. Gottwald u/a dtd 12/21/87.* (d) 24,839.461 Held by W. M. Gottwald, trustee of Samuel S. Gottwald's Crummey Trust u/a dtd 1/3/89, of which 19,585.461 shares held of record by Westham Partners, L.P.* (e) 7,936 Held by W. M. Gottwald, trustee of Samuel S. Gottwald's Gallo Trust u/a dtd 1/3/89.* (f) 799 Held by me as custodian for son, James Christian Gottwald.* (g) 3,226 Held by W. M. Gottwald as trustee fbo James Christian Gottwald u/a dtd 10/20/87.* (h) 3,992 Held by W. M. Gottwald as trustee fbo James Christian Gottwald u/a dtd 12/21/87.* (i) 24,839.461 Held by W. M. Gottwald, trustee of James Christian Gottwald's Crummey Trust u/a dtd 1/3/89, of which 19,585.461 shares held of record by Westham Partners, L.P.*

3. (j) 9,147 Held by W. M. Gottwald, trustee of James Christian Gottwald's Gallo Trust u/a dtd 1/3/89.*(k) 13,225 Held by W. M. Gottwald, trustee of Charles Houston Gottwald's Gallo Trust u/a dtd 9/5/89.* (l) 24,751.461 Held by W. M. Gottwald, trustee of Charles Houston Gottwald's Crummey Trust u/a dtd 9/5/89, of which 19,585.461 shares held of record by Westham Partners, L.P.* (m) 3,042 Held by W. M. Gottwald as trustee fbo Charles Houston Gottwald u/a dtd 10/18/89.* (n) 26,000.46 Held by W. M. Gottwald, trustee of Margaret Addison Gottwald's Crummey Trust u/a dtd 3/9/92, of which 19,585.461 shares held of record by Westham Partners, L.P.* (o) 99,035.916 Held as co-trustee fbo (among others) reporting person's family u/a dtd 12/16/91. All shares held of record by Westham Partners, L.P.* (p) 102,361.749 Held by me and James T. Gottwald, as trustees, fbo reporting person's children. All shares held of record by Westham Partners, L.P.*

4. (q) 42,866.292 Held by me and James T. Gottwald as co-trustees of William M. Gottwald, Jr.'s Crummey Trust u/a dtd 10/13/83. All shares held of record by Westham Partners, L.P.* (r) 27,937.683 Held by me as trustee of William M. Gottwald, Jr.'s Crummey Trust u/a dtd 1/3/89, of which 21,802.683 shares held of record by Westham Partners, L.P.* (s) 65,038.512 Held by me as trustee of William M. Gottwald Jr.'s Gallo Trust u/a dtd 1/3/89. All shares held of record by Westham Partners L.P.* (t) 11,086.110 Held by me as trustee of Elizabeth I. Gottwald's Gallo Trust u/a dtd 10/20/87. All shares held of record by Westham Partners, L.P.* (u) 19,215.924 Held by me and James T. Gottwald as co-trustees of Elizabeth I. Gottwald's Crummey Trust u/a dtd 3/28/85. All shares held of record by Westham Partners, L.P.* (v) 27,937.683 Held by me as trustee of Elizabeth I. Gottwald's Crummey Trust u/a dtd 1/3/89. 21,802.683 of such shares held of record by Westham Partners, L.P.*

5. (w) 77,602.770 Held by me as trustee of Elizabeth I. Gottwald's Gallo Trust u/a dtd 1/3/89. All shares held of record by Westham Partners, L.P.* (x) 27,845 Held by me and James T. Gottwald as trustee for the William M. Gottwald Trust dtd 8/18/90.* (y) 9,526 Held by me and William M. Gottwald as trustees fbo James Matthew Gottwald u/a dtd 12/1/81.* (z) 5,486 Held by me and William M. Gottwald as trustees fbo Sarah Wren Gottwald u/a dtd 3/1/83.* (aa) 939,854.538 Held of record by Westham Partners, L.P., of which reporting person is a one-third of one percent general partner as well as a limited partner. (ab) 531,016.666 Held as co-trustee fbo (among others) reporting person's family u/w Floyd D. Gottwald. * Reporting person disclaims beneficial ownership.

	George P. Manson, Jr. -- attorney in fact.	07/02/2003
	** 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.