Kenneth Todd Lane - 07 Feb 2023 Form 4 Insider Report for LyondellBasell Industries N.V. (LYB)

Role
EVP, Olefins and Polyolefins
Signature
/s/ Lara A. Mason, Attorney-in-Fact
Issuer symbol
LYB
Transactions as of
07 Feb 2023
Net transactions value
-$25,765
Form type
4
Filing time
09 Feb 2023, 15:55:45 UTC
Previous filing
19 Jul 2022
Next filing
22 Feb 2023
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 $385,812 +4,782 +8.7% $80.68 59,974 07 Feb 2023 Direct F1, F2, F3
transaction LYB Class A Ordinary Shares Tax liability $411,576 -4,101 -6.8% $100.36 55,873 07 Feb 2023 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 -4,782 -100% $0.000000* 0 07 Feb 2023 Class A Ordinary Shares 4,782 $80.68 Direct F1, 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 32,684 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 5,774 granted on February 20, 2020 that vest on February 20, 2023; 5,878 granted on February 25, 2021 that vest on February 25, 2024; 7,200 granted February 24, 2022 that vest on February 24, 2025 and 13,832 granted on May 26, 2022 that vest on May 26, 2024.
F3 Incudes purchase of 40.129590 shares for $ 67.752 per share allocated on September 30, 2022, pursuant to the Issuer's Employee Stock Purchase Plan.
F4 Granted pursuant to the issuer's long-term incentive plan. Award has fully vested.