Kenneth Todd Lane - 12 Aug 2021 Form 4 Insider Report for LyondellBasell Industries N.V. (LYB)

Role
EVP, Global O&P
Signature
/s/ Lara A. Mason, Attorney-in-Fact
Issuer symbol
LYB
Transactions as of
12 Aug 2021
Net transactions value
-$71,984
Form type
4
Filing time
16 Aug 2021, 16:52:51 UTC
Previous filing
16 Jul 2021
Next filing
25 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYB Class A Ordinary Shares Options Exercise $821,356 +9,564 +28% $85.88 43,492 12 Aug 2021 Direct F1, F2
transaction LYB Class A Ordinary Shares Tax liability $893,340 -8,508 -20% $105.00 34,984 12 Aug 2021 Direct F1, F2

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 -9,564 -67% $0.000000 4,782 12 Aug 2021 Class A Ordinary Shares 9,564 $85.88 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a cashless exercise-and-hold, where shares were withheld to cover the option exercise price and anticipated taxes, and the remaining shares are retained by the reporting person.
F2 Includes 19,721 restricted stock units granted pursuant to the issuer's long-term incentive plan: 5,628 granted on July 15, 2019 that vest on July 15, 2022; 2,441 granted on July 15, 2019 that vest on July 15, 2022; 5,774 granted on February 20, 2020 that vest on February 20, 2023 and 5,878 granted on February 25, 2021 that vest on February 25, 2024.
F3 Granted pursuant to the issuer's long-term incentive plan. Award vests as follows: 4,782 vested on July 15, 2020; 4,782 vested on July 15, 2021 and 4,782 vest on July 15, 2022.