Dale D. Friedrichs - 21 Feb 2024 Form 4/A Insider Report for LyondellBasell Industries N.V. (LYB)

Role
EVP, Ops Excellence, HSE
Signature
/s/ Lara A. Mason, Attorney-in-Fact
Issuer symbol
LYB
Transactions as of
21 Feb 2024
Net transactions value
+$939,717
Form type
4/A
Filing time
28 Feb 2024, 16:08:39 UTC
Date Of Original Report
23 Feb 2024
Previous filing
27 Feb 2023
Next filing
26 Feb 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 Tax liability $283,084 -2,907 -12% $97.38 20,449 21 Feb 2024 Direct F1, F2
transaction LYB Class A Ordinary Shares Tax liability $86,960 -893 -4.4% $97.38 19,556 21 Feb 2024 Direct F2, F3
transaction LYB Class A Ordinary Shares Award $1,088,903 +11,182 +57% $97.38 30,738 21 Feb 2024 Direct F2, F4
transaction LYB Class A Ordinary Shares Award $220,858 +2,268 +7.4% $97.38 33,006 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 11,182 shares of performance-based stock units granted to the Reporting Person on February 25, 2021.
F2 Includes 10,783 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan including 2,796 granted on February 25, 2021 that vest on February 25, 2024; 3,503 granted on February 24, 2022 that vest on February 24, 2025; 188 granted on October 15, 2022 that vest on October 15, 2025 and 4,296 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 2,268 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.

Remarks:

This Form 4/A is being filed to correct a computer systems error that incorrectly calculated the total beneficial ownership of the reporting person.