James Malcolm Seward - Aug 8, 2023 Form 4 Insider Report for LyondellBasell Industries N.V. (LYB)

Role
EVP & Chief Innovation Officer
Signature
/s/ Lara A. Mason, Attorney-in-Fact
Stock symbol
LYB
Transactions as of
Aug 8, 2023
Transactions value $
-$27,444
Form type
4
Date filed
8/10/2023, 04:10 PM
Previous filing
Feb 27, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYB Class A Ordinary Shares Options Exercise $213K +2.73K +13.06% $78.15 23.6K Aug 8, 2023 Direct F1, F2
transaction LYB Class A Ordinary Shares Tax liability -$241K -2.45K -10.35% $98.42 21.2K Aug 8, 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 -2.73K -100% $0.00* 0 Aug 8, 2023 Class A Ordinary Shares 2.73K $78.15 Direct F1, F3
* 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 6,008 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 1,433 granted on February 25, 2021 that vest on February 25, 2024; 1,768 granted on February 24, 2022 that vest on February 24, 2025; 168 granted on October 15, 2022 that vest on October 15, 2025 and 2,639 granted on February 23, 2023 that vest on February 23, 2026.
F3 Granted pursuant to the issuer's long-term incentive plan. Award has fully vested.