Bhavesh V. Patel - Jun 3, 2021 Form 4 Insider Report for LyondellBasell Industries N.V. (LYB)

Role: Chief Executive Officer, Director
Signature: /s/ Lara A. Mason, Attorney-in-Fact
Stock symbol: LYB
Transactions as of: Jun 3, 2021
Transactions value $: -$51,065
Form type: 4
Date filed: 6/7/2021, 05:30 PM
Next filing: Jul 1, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LYB	Class A Ordinary Shares	Options Exercise	$45.7K	+600	+0.32%	$76.15	188K	Jun 3, 2021	Direct	F1, F2
transaction	LYB	Class A Ordinary Shares	Sale	-$70.8K	-600	-0.32%	$118.00	188K	Jun 3, 2021	Direct	F1, F2, F3
transaction	LYB	Class A Ordinary Shares	Options Exercise	$69.2K	+806	+0.43%	$85.80	188K	Jun 3, 2021	Direct	F1, F2
transaction	LYB	Class A Ordinary Shares	Sale	-$95.1K	-806	-0.43%	$118.00	188K	Jun 3, 2021	Direct	F1, F2
holding	LYB	Class A Ordinary Shares						207K	Jun 3, 2021	By Family Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	LYB	Stock Options (Right to Buy)	Options Exercise	$0	-806	-100%	$0.00^*	0	Jun 3, 2021	Class A Ordinary Shares	806	$85.80	Direct	F1, F4
transaction	LYB	Stock Options (Right to Buy)	Options Exercise	$0	-600	-100%	$0.00^*	0	Jun 3, 2021	Class A Ordinary Shares	600	$76.15	Direct	F1, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The exercise of stock options and sale of the shares acquired upon exercise reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in February 2021.
F2	Includes 101,480 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 34,782 granted on February 21, 2019 that vest on February 21, 2022; 35,431 granted on February 20, 2020 that vest on February 20, 2023 and 31,267 granted on February 25, 2021 that vest on February 25, 2024.
F3	This transaction was executed in multiple trades at prices ranging from $118.00 to $118.015. The price reported above reflects the weighted-average sale price. The reporting person herby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4	Granted pursuant to the issuer's long-term incentive plan. Award vested in three equal installments on the 1st, 2nd and 3rd anniversaries of the date of grant of February 20, 2014.
F5	Granted pursuant to the issuer's long-term incentive plan. Award vested as follows: 22,706 vested on January 12, 2016, 34,059 vested on January 12, 2017, 56,765 vested on January 12, 2018, 56,764 vested on January 12, 2019 and 56,764 vested on January 12, 2020.