Kenneth Todd Lane - 23 Feb 2024 Form 4 Insider Report for LyondellBasell Industries N.V. (LYB)

Role
EVP, Olefins and Polyolefins
Signature
/s/ Lara A. Mason, Attorney-in-Fact
Issuer symbol
LYB
Transactions as of
23 Feb 2024
Net transactions value
-$360,619
Form type
4
Filing time
27 Feb 2024, 20:04:49 UTC
Previous filing
23 Feb 2024
Next filing
18 Mar 2024
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 $828,850 +8,757 +9.5% $94.65 100,515 23 Feb 2024 Direct F1
transaction LYB Class A Ordinary Shares Options Exercise $2,031,027 +20,472 +20% $99.21 120,987 23 Feb 2024 Direct F1
transaction LYB Class A Ordinary Shares Sale $2,031,027 -20,472 -17% $99.21 100,515 23 Feb 2024 Direct F1
transaction LYB Class A Ordinary Shares Sale $868,165 -8,757 -8.7% $99.14 91,758 23 Feb 2024 Direct F1, F2
transaction LYB Class A Ordinary Shares Tax liability $229,612 -2,313 -2.5% $99.27 89,445 25 Feb 2024 Direct F1, F3
transaction LYB Class A Ordinary Shares Options Exercise $846,988 +9,489 +11% $89.26 98,934 26 Feb 2024 Direct F1
transaction LYB Class A Ordinary Shares Sale $938,681 -9,489 -9.6% $98.92 89,445 26 Feb 2024 Direct F1, F4

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 -20,472 -67% $0.000000 10,235 23 Feb 2024 Class A Ordinary Shares 20,472 $99.21 Direct F5
transaction LYB Stock Options (Right to Buy) Options Exercise $0 -8,757 -33% $0.000000 17,510 23 Feb 2024 Class A Ordinary Shares 8,757 $94.65 Direct F6
transaction LYB Stock Options (Right to Buy) Options Exercise $0 -9,489 -50% $0.000000 9,489 26 Feb 2024 Class A Ordinary Shares 9,489 $89.26 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Kenneth Todd Lane is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Includes 27,949 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 7,200 granted February 24, 2022 that vest on February 24, 2025; 13,832 granted on May 26, 2022 that vest on May 26, 2024 and 6,917 granted on February 23, 2023 that vest on February 23, 2026.
F2 This transaction was executed in multiple trades at prices ranging from $ 99.055 USD to $ 99.27 USD. The price reported above reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 Represents shares withheld by the issuer to satisfy tax withholding obligations in connection with the vesting 5,878 shares of restricted stock units granted to the reporting person on February 25, 2021.
F4 This transaction was executed in multiple trades at prices ranging from $ 98.84 USD to $ 99.04 USD. The price reported above reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5 Granted pursuant to the issuer's long-term incentive plan. Award has fully vested.
F6 Granted pursuant to the issuer's long-term incentive plan. Award vests as follows: 8,757 vested on February 23, 2024, 8,755 vest on February 23, 2025 and 8,755 vest on February 23, 2026.
F7 Granted pursuant to the issuer's long-term incentive plan. Award vests as follows: 9,491 vested on February 24, 2023, 9,489 vested on February 24, 2024 and 9,489 vest on February 24, 2025.