James Malcolm Seward - Jun 8, 2022 Form 4 Insider Report for LyondellBasell Industries N.V. (LYB)

Role
SVP, R&D, Tech & Sustain.
Signature
/s/ N. Elizabeth Campbell, Attorney-in-Fact
Stock symbol
LYB
Transactions as of
Jun 8, 2022
Transactions value $
-$111
Form type
4
Date filed
6/10/2022, 04:56 PM
Previous filing
Jun 8, 2022
Next filing
Aug 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYB Class A Ordinary Shares Options Exercise $247K +2.38K +14.4% $103.89 18.9K Jun 8, 2022 Direct F1, F2
transaction LYB Class A Ordinary Shares Options Exercise $248K +2.5K +13.21% $99.21 21.4K Jun 8, 2022 Direct F1, F2
transaction LYB Class A Ordinary Shares Tax liability -$247K -2.25K -10.51% $109.98 19.1K Jun 8, 2022 Direct F1, F2
transaction LYB Class A Ordinary Shares Tax liability -$248K -2.25K -11.76% $109.98 16.9K Jun 8, 2022 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 -2.38K -100% $0.00* 0 Jun 8, 2022 Class A Ordinary Shares 2.38K $103.89 Direct F3
transaction LYB Stock Options (Right to Buy) Options Exercise $0 -2.5K -33.33% $0.00 4.99K Jun 8, 2022 Class A Ordinary Shares 2.5K $99.21 Direct F4
* 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 4,609 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 210 granted on August 15, 2019 that vest on August 15, 2022; 1,198 granted on February 20, 2020 that vest on February 20, 2023; 1,433 granted on February 25, 2021 that vest on February 25, 2024 and 1,768 granted on February 24, 2022 that vest on February 24, 2025.
F3 Granted pursuant to the issuer's long-term incentive plan. Award vested as follows: 794 vested on February 21, 2019, 792 vested on February 21, 2020 and 792 vested on February 21, 2021.
F4 Granted pursuant to the issuer's long-term incentive plan. Award vests in three equal installments on the 1st, 2nd and 3rd anniversaries of the date of grant of February 25, 2021.