Torkel Rhenman - Feb 21, 2024 Form 4/A Insider Report for LyondellBasell Industries N.V. (LYB)

Signature
/s/ Lara A. Mason, Attorney-in-Fact
Stock symbol
LYB
Transactions as of
Feb 21, 2024
Transactions value $
$1,816,332
Form type
4/A
Date filed
2/28/2024, 04:08 PM
Date Of Original Report
Feb 23, 2024
Previous filing
Feb 27, 2023
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYB Class A Ordinary Shares Tax liability -$755K -7.75K -15.71% $97.38 41.6K Feb 21, 2024 Direct F1, F2
transaction LYB Class A Ordinary Shares Tax liability -$183K -1.88K -4.51% $97.38 39.7K Feb 21, 2024 Direct F2, F3
transaction LYB Class A Ordinary Shares Award $2.29M +23.5K +59.22% $97.38 63.2K Feb 21, 2024 Direct F2, F4
transaction LYB Class A Ordinary Shares Award $464K +4.77K +7.54% $97.38 68K Feb 21, 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 23,512 shares of performance-based stock units granted to the Reporting Person on February 25, 2021.
F2 Includes 18,209 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 5,878 granted on February 25, 2021 that vest on February 25, 2024; 5,970 granted on February 24, 2022 that vest on February 24, 2025 and 6,361 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 4,768 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.