UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 5 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). ( ) Form 3 Holdings Reported ( ) Form 4 Transactions Reported 1. Name and Address of Reporting Person Meister, Mark W. 29400 Lakeland Boulevard Wickliffe, OH 44092 2. Issuer Name and Ticker or Trading Symbol The Lubrizol Corporation LZ 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year 12/31/00 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Vice President 7. Individual or Joint/Group Reporting (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 |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | |Transaction| or Disposed of (D) | Securities |ect | Beneficial Ownership | |Date |Code| | Beneficially |(D)or | | | | | | A/| | Owned at |Indir | | | | | Amount | D | Price | End of Year |ect(I)| | ___________________________________________________________________________________________________________________________________| Common Shares |(1) |A |383.2176 |A |(1) |1,569.0806 (2) |D | | -----------------------------------------------------------------------------------------------------------------------------------| Common Shares | | | | | |6,091.6954 (3) |I |Trust | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |ice of | | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity | | | Amount | |ble | | | |Year |(I)| | ___________________________________________________________________________________________________________________________________| Employee Stock Option (R|$28.2150|3/27/|A |16,500 |A |3/27/|3/27/|Common Share|8,250 | | | | | ight To Buy) | |2000 | | | |2001 |2010 |s | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | |3/27/|3/27/|Common Share|4,125 | | | | | | | | | | |2002 |2010 |s | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | |3/27/|3/27/|Common Share|4,125 | |16,500 |D | | | | | | | |2003 |2010 |s | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| Explanation of Responses: (1) Acquired on various dates between January 1 and December 31, 2000, pursuant to Lubrizol's deferred compensation plans, at prices ranging from $19.50 to $33.0625 per share. (2) Reflects acquisitions pursuant to a dividend reinvestement plan exempt under Rule 16a-11. Also, includes Common Shares that previously were reported on Table I as Phantom Stock Units, which are payable on a 1-for-1 basis. (3) Reflects end-of-period holdings resulting from acquisitions pursuant to a qualified plan, which are exempt under Rule 16b-3(c). SIGNATURE OF REPORTING PERSON /s/ Mark W. Meister by Leslie M. Reynolds DATE February 8, 2001