0000915913-24-000030.txt : 20240226 0000915913-24-000030.hdr.sgml : 20240226 20240226204529 ACCESSION NUMBER: 0000915913-24-000030 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240222 FILED AS OF DATE: 20240226 DATE AS OF CHANGE: 20240226 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Masters J Kent CENTRAL INDEX KEY: 0001396415 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12658 FILM NUMBER: 24681518 MAIL ADDRESS: STREET 1: ALBEMARLE CORP. STREET 2: 451 FLORIDA ST CITY: BATON ROUGE STATE: LA ZIP: 70801 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ALBEMARLE CORP CENTRAL INDEX KEY: 0000915913 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 541692118 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4250 CONGRESS STREET STREET 2: SUITE 900 CITY: CHARLOTTE STATE: NC ZIP: 28209 BUSINESS PHONE: 980-299-5700 MAIL ADDRESS: STREET 1: 4250 CONGRESS STREET STREET 2: SUITE 900 CITY: CHARLOTTE STATE: NC ZIP: 28209 FORMER COMPANY: FORMER CONFORMED NAME: ECHEM INC DATE OF NAME CHANGE: 19931208 4 1 wk-form4_1708998295.xml FORM 4 X0508 4 2024-02-22 0 0000915913 ALBEMARLE CORP ALB 0001396415 Masters J Kent ALBEMARLE CORPORATION 4250 CONGRESS STREET, SUITE 900 CHARLOTTE NC 28209 1 1 0 0 Chairman & CEO 0 Common Stock 2024-02-22 4 M 0 17496 0 A 78324 D Common Stock 2024-02-22 4 F 0 6464 118.18 D 71860 D Performance Stock Units 2024-02-22 4 M 0 17496 0 D Common Stock 17496 0 D Restricted Stock Units 2024-02-22 4 A 0 21155 0 A Common Stock 21155 21155 D Stock Options 118.18 2024-02-22 4 A 0 51335 0 A 2034-02-22 Common Stock 51335 51335 D 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. Shares withheld to meet tax liabilities associated with vesting of Performance Stock Units. Each Performance Stock Unit converts into 1 share of Common Stock. No expiration date. Each Restricted Stock Unit converts to 1 share of Common Stock. 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. Stock Options vest on the earlier of 12/31/2025 or the date a successor Chief Executive Officer commences employment with the Issuer. /s/ Stefanie M. Holland, Attorney-in-Fact 2024-02-26