ALBEMARLE CORP — Director's Dealing 2023

Mar 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALBEMARLE CORP (ALB)
CIK: 0000915913
Period of Report: 2023-02-28

Reporting Person: NARWOLD KAREN G (EVP, Chief Admin Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-28	Common Stock	M	1680	—	Acquired	12048	Direct
2023-02-28	Common Stock	F	751	$254.31	Disposed	11297	Direct
2023-02-28	Common Stock	A	3360	—	Acquired	14657	Direct
2023-02-28	Common Stock	F	1502	$254.31	Disposed	13155	Direct
2023-02-28	Common Stock	A	3360	—	Acquired	16515	Direct
2023-02-28	Common Stock	F	1502	$254.31	Disposed	15013	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-28	Restricted Stock Units	$	M	1680	Disposed		Common Stock (1680.0)	Direct
2023-02-28	Performance Stock Units	$	A	3360	Acquired		Common Stock (3360.0)	Direct
2023-02-28	Performance Stock Units	$	A	3360	Acquired		Common Stock (3360.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	558.59	Indirect

Footnotes

F1: 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.

F2: Restricted Stock Units granted on 02/28/2020. 50% vested on 02/28/2023 and 50% vests on 02/28/2024.

F3: Shares withheld to meet tax liabilities associated with vesting of Restricted Stock Units.

F4: rTSR Performance Stock Units granted on 02/28/2020. 50% vested 02/28/2023 and 50% vests 01/01/2024.

F5: Shares withheld to meet tax liabilities associated with vesting of Performance Stock Units.

F6: ROIC Performance Stock Units granted on 02/28/2020. 50% vested 02/28/2023 and 50% vests 01/01/2024.

F7: Each Restricted Stock Unit converts to 1 share of Common Stock.

F8: No expiration date.

F9: Each Performance Stock Unit converts to 1 share of Common Stock.