Dale D. Friedrichs - 06 Jun 2022 Form 4 Insider Report for LyondellBasell Industries N.V. (LYB)

Role: SVP, Human Res & Global Proj
Signature: /s/ N. Elizabeth Campell, Attorney-in-Fact
Issuer symbol: LYB
Transactions as of: 06 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 08 Jun 2022, 17:59:25 UTC
Previous filing: 25 Feb 2022
Next filing: 18 Oct 2022
SEC: View on sec.gov

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)	Other	$0	+3,007		$0.000000	3,007	06 Jun 2022	Class A Ordinary Shares	3,007	$103.89	Direct	F1, F2
transaction	LYB	Stock Options (Right to Buy)	Other	$0	+14,602		$0.000000	14,602	06 Jun 2022	Class A Ordinary Shares	14,602	$99.21	Direct	F1, F3
transaction	LYB	Stock Options (Right to Buy)	Other	$0	+13,851		$0.000000	13,851	06 Jun 2022	Class A Ordinary Shares	13,851	$89.26	Direct	F1, F4
transaction	LYB	Stock Options (Right to Buy)	Other	$0	+2,873		$0.000000	2,873	06 Jun 2022	Class A Ordinary Shares	2,873	$87.49	Direct	F1, F5
transaction	LYB	Stock Options (Right to Buy)	Other	$0	+4,644		$0.000000	4,644	06 Jun 2022	Class A Ordinary Shares	4,644	$83.30	Direct	F1, F6
transaction	LYB	Stock Options (Right to Buy)	Other	$0	+16,230		$0.000000	16,230	06 Jun 2022	Class A Ordinary Shares	16,230	$78.15	Direct	F1, F7

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

Explanation of Responses:

Id	Content
F1	The transactions reported herein reflect a one-time stock option exercise price adjustment effective June 6, 2022, related to a special dividend of $5.20 per share and pursuant to the adjustment provisions of the LyondellBasell Industries Long Term Incentive Plan, and are being reported in this manner solely to comply with the technical reporting requirements under Section 16(a) of the Securities Exchange Act of 1934. Pursuant to the adjustment, the exercise price of the Stock Options (Right to buy) has been amended to reduce such exercise price by the amount of the special dividend ($5.20). There have been no other changes to the terms of the Stock Options (Right to buy).
F2	This stock option award was previously reported as an option relating to 3,007 shares of the Issuer's Stock Options (Right to Buy) at an exercise price of $109.09 per share and was adjusted as a result of the special dividend.
F3	This stock option award was previously reported as an option relating to 14,602 shares of the Issuer's Stock Options (Right to Buy) at an exercise price of $104.41 per share and was adjusted as a result of the special dividend.
F4	This stock option award was previously reported as an option relating to 13,851 shares of the Issuer's Stock Options (Right to Buy) at an exercise price of $94.46 per share and was adjusted as a result of the special dividend.
F5	This stock option award was previously reported as an option relating to 2,873 shares of the Issuer's Stock Options (Right to Buy) at an exercise price of $92.69 per share and was adjusted as a result of the special dividend.
F6	This stock option award was previously reported as an option relating to 4,644 shares of the Issuer's Stock Options (Right to Buy) at an exercise price of $88.50 per share and was adjusted as a result of the special dividend.
F7	This stock option award was previously reported as an option relating to 16,230 shares of the Issuer's Stock Options (Right to Buy) at an exercise price of $83.35 per share and was adjusted as a result of the special dividend.