Kenneth Todd Lane - Feb 20, 2023 Form 4 Insider Report for LyondellBasell Industries N.V. (LYB)

Signature
/s/ Lara A. Mason, Attorney-in-Fact
Stock symbol
LYB
Transactions as of
Feb 20, 2023
Transactions value $
-$190,604
Form type
4
Date filed
2/22/2023, 03:15 PM
Previous filing
Feb 9, 2023
Next filing
Feb 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYB Class A Ordinary Shares Tax liability -$137K -1.41K -2.52% $97.32 54.5K Feb 20, 2023 Direct F1, F2
transaction LYB Class A Ordinary Shares Options Exercise $1.03M +13.1K +24.14% $78.15 67.6K Feb 21, 2023 Direct F2, F3
transaction LYB Class A Ordinary Shares Tax liability -$1.08M -11.4K -16.85% $94.94 56.2K Feb 21, 2023 Direct F2, F3

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 -13.1K -100% $0.00* 0 Feb 21, 2023 Class A Ordinary Shares 13.1K $78.15 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the issuer to satisfy tax withholding obligations in connection with the vesting 5,774 shares of restricted stock units granted to the reporting person on February 20, 2020.
F2 Includes 26,910 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 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 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.
F4 Granted pursuant to the issuer's long-term incentive plan. Award has fully vested.