Albert Einstein awarded the Nobel Prize in Physics, The Nobel Prize Awarding Institution, the Royal Swedish Academy of Sciences, decided to reserve the Nobel Prize in Physics in 1921, and therefore no Physics Prize was awarded that year. According to the statutes, a reserved prize can be awarded the year after, and Albert Einstein was awarded the 1921 Nobel Prize in Physics in 1922.
Einstein was rewarded for his many contributions to theoretical physics, and especially for his discovery of the law of the photoelectric effect.