Kimberly A. Foley - 21 Feb 2024 Form 4 Insider Report for LyondellBasell Industries N.V. (LYB)

Signature
/s/ Lara A. Mason, Attorney-in-Fact
Issuer symbol
LYB
Transactions as of
21 Feb 2024
Net transactions value
+$507,252
Form type
4
Filing time
23 Feb 2024, 16:04:20 UTC
Previous filing
03 Aug 2023
Next filing
26 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYB Class A Ordinary Shares Tax liability $141,298 -1,451 -2.4% $97.38 59,876 21 Feb 2024 Direct F1, F2
transaction LYB Class A Ordinary Shares Tax liability $27,851 -286 -0.48% $97.38 59,590 21 Feb 2024 Direct F2, F3
transaction LYB Class A Ordinary Shares Award $562,272 +5,774 +9.7% $97.38 65,364 21 Feb 2024 Direct F2, F4
transaction LYB Class A Ordinary Shares Award $114,129 +1,172 +1.8% $97.38 66,536 21 Feb 2024 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares required to satisfy tax withholding obligations in connection with the vesting of 5,774 shares of performance-based stock units granted to the Reporting Person on February 25, 2021.
F2 Includes 10,084 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 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; 881 granted on October 15, 2022 that vest on October 15, 2025 and 5,566 granted on February 23, 2023 that vest on February 23, 2026.
F3 Represents shares required to satisfy tax withholding obligations for dividend equivalents accrued of 1,172 shares in connection with performance-based stock units granted to the Reporting Person on February 25, 2021.
F4 Represents shares earned in connection with the performance-based stock units previously granted and unreportable on February 25, 2021 pursuant to the issuer's long-term incentive plan. Shares were earned based upon the level of attainment of certain performance objectives and continued employment. These shares fully vested on February 21, 2024 following certification by the Issuer's Compensation & Talent Development Committee.
F5 Represents shares from the settlement of dividend equivalents that accrued on the performance-based stock units prior to vesting.