Aaron J. Ledet - May 13, 2024 Form 4 Insider Report for LyondellBasell Industries N.V. (LYB)

Role
EVP, I&D
Signature
/s/ Lara A. Mason, Attorney-in-Fact
Stock symbol
LYB
Transactions as of
May 13, 2024
Transactions value $
-$5,996
Form type
4
Date filed
5/15/2024, 04:05 PM
Previous filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYB Class A Ordinary Shares Options Exercise $174K +1.84K +27.64% $94.65 8.5K May 13, 2024 Direct F1, F2
transaction LYB Class A Ordinary Shares Options Exercise $132K +1.33K +15.7% $99.21 9.83K May 13, 2024 Direct F1, F2
transaction LYB Class A Ordinary Shares Options Exercise $66.9K +750 +7.63% $89.26 10.6K May 13, 2024 Direct F1, F2
transaction LYB Class A Ordinary Shares Tax liability -$177K -1.75K -16.53% $101.32 8.83K May 13, 2024 Direct F1, F2
transaction LYB Class A Ordinary Shares Tax liability -$69.2K -683 -7.73% $101.32 8.15K May 13, 2024 Direct F1, F2
transaction LYB Class A Ordinary Shares Tax liability -$133K -1.31K -16.11% $101.32 6.84K May 13, 2024 Direct F1, F2

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 -1.33K -100% $0.00* 0 May 13, 2024 Class A Ordinary Shares 1.33K $99.21 Direct F1, F3
transaction LYB Stock Options (Right to Buy) Options Exercise $0 -1.84K -33.35% $0.00 3.68K May 13, 2024 Class A Ordinary Shares 1.84K $94.65 Direct F1, F4
transaction LYB Stock Options (Right to Buy) Options Exercise $0 -750 -50% $0.00 750 May 13, 2024 Class A Ordinary Shares 750 $89.26 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Includes 5,923 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 570 granted on February 24, 2022 that vest on February 24, 2025; 202 granted on December 15, 2022 that vest on December 15, 2025; 1,453 granted on February 23, 2023 that vest on February 23, 2026 and 3,698 granted on February 22, 2024 of which 1,234 vest on February 22, 2025, 1,232 vest on February 22, 2026 and 1,232 vest on February 22, 2027.
F3 Granted pursuant to the issuer's long-term incentive plan. Award has fully vested.
F4 Granted pursuant to the issuer's long-term incentive plan. Award vests as follows: 1,840 vested on February 23, 2024, 1,839 vest on February 23, 2025 and 1,839 vest on February 23, 2026.
F5 Granted pursuant to the issuer's long-term incentive plan. Award vests as follows: 751 vested on February 24, 2023, 750 vested on February 24, 2024 and 750 vest on February 24, 2025.