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 Cooley, Charles P. 29400 Lakeland Boulevard Wickliffe, OH 44092 2. Issuer Name and Ticker or Trading Symbol The Lubrizol Corpoation 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, Treasurer and CFO 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 |4/3/00|F |164 |D |$28.0625 | | | | -----------------------------------------------------------------------------------------------------------------------------------| Common Shares |(1) |A |10,305.4161 |A |(1) |12,341.4161 |D | | -----------------------------------------------------------------------------------------------------------------------------------| Common Shares | | | | | |1,840.8588 (2) |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|$28.1250|3/27/|A |27,000 |A |3/27/|3/27/|Common Share|13,500 | | | | | ight to Buy) | |2000 | | | |2001 |2010 |s | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | |3/27/|3/27/|Common Share|6,750 | | | | | | | | | | |2002 |2010 |s | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | |3/27/|3/27/|Common Share|6,750 | |27,000 |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 plan, at prices ranging from $21.6875 and $27.6125 per share. (2) 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/ Charles P. Cooley by Leslie M. Reynolds DATE February 8, 2001