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: Masters J Kent (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-22	Common Stock	M	17496	—	Acquired	78324	Direct
2024-02-22	Common Stock	F	6464	$118.18	Disposed	71860	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-02-22	Performance Stock Units	$	M	17496	Disposed		Common Stock (17496)	Direct
2024-02-22	Restricted Stock Units	$	A	21155	Acquired		Common Stock (21155)	Direct
2024-02-22	Stock Options	$118.18	A	51335	Acquired	2034-02-22	Common Stock (51335)	Direct

Footnotes

F1: Adjusted ROIC Performance Stock Units granted on 02/26/2021. Payout based on 200% performance multiplier and all units vested on 02/22/2024. 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: Each Performance Stock Unit converts into 1 share of Common Stock.

F4: No expiration date.

F5: Each Restricted Stock Unit converts to 1 share of Common Stock.

F6: Restricted Stock Units vest 100% on the earlier of 12/31/2025 or the date a successor Chief Executive Officer commences employment with the Issuer.

F7: Stock Options vest on the earlier of 12/31/2025 or the date a successor Chief Executive Officer commences employment with the Issuer.