ALBEMARLE CORP — Director's Dealing 2024

Feb 26, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALBEMARLE CORP (ALB)
CIK: 0000915913
Period of Report: 2024-02-22

Reporting Person: Anderson Melissa H. (EVP, Chief People Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-22	Common Stock	M	1194	—	Acquired	3426	Direct
2024-02-22	Common Stock	F	349	$118.18	Disposed	3077	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-02-22	Performance Stock Units	$	M	1194	Disposed		Common Stock (1194)	Direct
2024-02-22	Restricted Stock Units	$	A	2645	Acquired		Common Stock (2645)	Direct
2024-02-22	Stock Options	$118.18	A	6417	Acquired	2034-02-22	Common Stock (6417)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	172.9287	Indirect

Footnotes

F1: Adjusted ROIC Performance Stock Units granted on 02/26/2021. Payout based on 200% performance multiplier. 50% vested on 02/22/2024 and the remaining 50% vest on 01/01/2025. Threshold performance was not achieved under the terms of the rTSR Performance Stock Units also granted on 02/26/2021 and no Common Stock was earned or paid under this grant.

F2: Shares withheld to meet tax liabilities associated with vesting of Performance Stock Units.

F3: 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.

F4: Each Performance Stock Unit converts to 1 share of Common Stock.

F5: No expiration date.

F6: Each Restricted Stock Unit converts to 1 share of Common Stock.

F7: Restricted Stock Units vest 100% on 02/22/2027, subject to continued employment.