Kimberly A. Foley - 15 Feb 2023 Form 4 Insider Report for LyondellBasell Industries N.V. (LYB)

Role
EVP, Refining, I&D
Signature
/s/ Lara A. Mason, Attorney-in-Fact
Issuer symbol
LYB
Transactions as of
15 Feb 2023
Net transactions value
-$27,317
Form type
4
Filing time
17 Feb 2023, 15:25:29 UTC
Previous filing
18 Oct 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 $49,868 +870 +3.8% $57.32 23,982 15 Feb 2023 Direct F1, F2
transaction LYB Class A Ordinary Shares Options Exercise $133,402 +1,707 +7.1% $78.15 25,689 15 Feb 2023 Direct F1, F2
transaction LYB Class A Ordinary Shares Options Exercise $93,046 +1,117 +4.3% $83.30 26,806 15 Feb 2023 Direct F1, F2
transaction LYB Class A Ordinary Shares Tax liability $98,108 -980 -3.7% $100.11 25,826 15 Feb 2023 Direct F1, F2
transaction LYB Class A Ordinary Shares Tax liability $60,967 -609 -2.4% $100.11 25,217 15 Feb 2023 Direct F1, F2
transaction LYB Class A Ordinary Shares Tax liability $144,559 -1,444 -5.7% $100.11 23,773 15 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 -1,117 -100% $0.000000* 0 15 Feb 2023 Class A Ordinary Shares 1,117 $83.30 Direct F1, F3
transaction LYB Stock Options (Right to Buy) Options Exercise $0 -1,707 -50% $0.000000 1,707 15 Feb 2023 Class A Ordinary Shares 1,707 $78.15 Direct F1, F4
transaction LYB Stock Options (Right to Buy) Options Exercise $0 -870 -67% $0.000000 434 15 Feb 2023 Class A Ordinary Shares 870 $57.32 Direct F1, F5
* 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 5,502 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 750 granted on February 20, 2020 that vest on February 20, 2023; 234 granted on August 1, 2020 that vest on August 1, 2023; 1,444 granted on February 25, 2021 that vest on February 25, 2024; 2,193 granted on February 24, 2022 that vest on February 24, 2025 and 881 granted on October 15, 2022 that vest on October 15, 2025.
F3 Granted pursuant to the issuer's long-term incentive plan. Award has fully vested.
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 20, 2020.
F5 Granted pursuant to the issuer's long-term incentive plan. Award vests as follows: 436 vested on August 1, 2021, 434 vested on August 1, 2022 and 434 vest on August 1, 2023.