Peter Z. E. Vanacker - 06 Jun 2022 Form 4 Insider Report for LyondellBasell Industries N.V. (LYB)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: LYB
Reported as of: 06 Jun 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 08 Jun 2022, 18:01:00 UTC
Prior SEC filing: 25 May 2022
Next SEC filing: 27 Feb 2023
Source filing: View source filing
Reporting owner signature: /s/ N. Elizabeth Campbell, Attorney-in-Fact

Key filing fact

Peter Z. E. Vanacker filed Form 4 for LyondellBasell Industries N.V. (LYB) on 08 Jun 2022.

Key facts

This page summarizes Peter Z. E. Vanacker's Form 4 filing for LyondellBasell Industries N.V. (LYB).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 08 Jun 2022, 18:01.

Change

Previous filing in this sequence was filed on 25 May 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LYB transaction Derivative

Stock Options (Right to Buy)

Other

Transaction value: $0
Shares: +96,191
Change %
Price: $0.000000
Shares after: 96,191
Date: 06 Jun 2022
Ownership: Direct
Underlying class: Class A Ordinary Shares
Underlying amount: 96,191
Exercise price: $101.51
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote 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).

Footnote F2

This stock option award was previously reported as an option relating to 96,191 shares of the Issuer's Stock Options (Right to Buy) at an exercise price of $106.71 per share and was adjusted as a result of the special dividend.