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

Role
EVP, Global O&P
Signature
/s/ Lara A. Mason, Attorney-in-Fact
Stock symbol
LYB
Transactions as of
Aug 12, 2021
Transactions value $
-$71,984
Form type
4
Date filed
8/16/2021, 04:52 PM
Previous filing
Jul 16, 2021
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYB Class A Ordinary Shares Options Exercise $821K +9.56K +28.19% $85.88 43.5K Aug 12, 2021 Direct F1, F2
transaction LYB Class A Ordinary Shares Tax liability -$893K -8.51K -19.56% $105.00 35K Aug 12, 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 -9.56K -66.67% $0.00 4.78K Aug 12, 2021 Class A Ordinary Shares 9.56K $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.