Michael C. McMurray - 21 Feb 2024 Form 4 Insider Report for LyondellBasell Industries N.V. (LYB)

Role
EVP & CFO
Signature
/s/ Lara A. Mason, Attorney-in-Fact
Issuer symbol
LYB
Transactions as of
21 Feb 2024
Net transactions value
+$2,129,798
Form type
4
Filing time
23 Feb 2024, 16:05:36 UTC
Previous filing
30 May 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 $923,260 -9,481 -17% $97.38 45,467 21 Feb 2024 Direct F1, F2
transaction LYB Class A Ordinary Shares Tax liability $216,963 -2,228 -4.9% $97.38 43,239 21 Feb 2024 Direct F2, F3
transaction LYB Class A Ordinary Shares Award $2,718,655 +27,918 +65% $97.38 71,157 21 Feb 2024 Direct F2, F4
transaction LYB Class A Ordinary Shares Award $551,366 +5,662 +8% $97.38 76,819 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 27,918 shares of performance-based stock units granted to the Reporting Person on February 25, 2021.
F2 Includes 22,936 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 6,980 granted on February 25, 2021 that vest on February 25, 2024; 7,236 granted on February 25, 2022 that vest on February 24, 2025 and 8,720 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 5,662 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.