James Malcolm Seward - 25 Feb 2024 Form 4 Insider Report for LyondellBasell Industries N.V. (LYB)

Role
EVP & Chief Innovation Officer
Signature
/s/ Lara A. Mason, Attorney-in-Fact
Issuer symbol
LYB
Transactions as of
25 Feb 2024
Net transactions value
-$101,802
Form type
4
Filing time
27 Feb 2024, 20:06:13 UTC
Previous filing
26 Feb 2024
Next filing
25 Feb 2025
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 Tax liability $70,482 -710 -2.4% $99.27 29,038 25 Feb 2024 Direct F1, F2
transaction LYB Class A Ordinary Shares Options Exercise $16,494 +212 +0.73% $77.80 29,250 26 Feb 2024 Direct F2, F3
transaction LYB Class A Ordinary Shares Options Exercise $316,131 +3,340 +11% $94.65 32,590 26 Feb 2024 Direct F2, F3
transaction LYB Class A Ordinary Shares Options Exercise $416,041 +4,661 +14% $89.26 37,251 26 Feb 2024 Direct F2, F3
transaction LYB Class A Ordinary Shares Tax liability $18,776 -190 -0.51% $98.82 37,061 26 Feb 2024 Direct F2, F3
transaction LYB Class A Ordinary Shares Tax liability $323,043 -3,269 -8.8% $98.82 33,792 26 Feb 2024 Direct F2, F3
transaction LYB Class A Ordinary Shares Tax liability $438,168 -4,434 -13% $98.82 29,358 26 Feb 2024 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 -3,340 -33% $0.000000 6,678 26 Feb 2024 Class A Ordinary Shares 3,340 $94.65 Direct F4
transaction LYB Stock Options (Right to Buy) Options Exercise $0 -4,661 -67% $0.000000 2,330 26 Feb 2024 Class A Ordinary Shares 4,661 $89.26 Direct F5
transaction LYB Stock Options (Right to Buy) Options Exercise $0 -212 -33% $0.000000 424 26 Feb 2024 Class A Ordinary Shares 212 $77.80 Direct F6
* 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 1,433 shares of restricted stock units granted to the reporting person on February 25, 2021.
F2 Includes 9,663 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 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; 2,639 granted on February 23, 2023 that vest on February 23, 2026 and 5,088 granted on February 22, 2024 of which 1,696 vest on February 22, 2025, 1,696 vest on February 22, 2026 and 1,696 vest on February 22, 2027.
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 vests as follows: 3,340 vested on February 23, 2024, 3,339 vest on February 23, 2025 and 3,339 vest on February 23, 2026.
F5 Granted pursuant to the issuer's long-term incentive plan. Award vests as follows: 2,331 vested on February 24, 2023, 2,330 vested on February 24, 2024 and 2,330 vest on February 24, 2025.
F6 Granted pursuant to the issuer's long-term incentive plan. Award vests as follows: 212 vested on October 15, 2023, 212 vest on October 15, 2024 and 212 vest on October 15, 2025.