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

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
27 Feb 2024, 20:04:49 UTC
Prior SEC filing
23 Feb 2024
Next SEC filing
18 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Lara A. Mason, Attorney-in-Fact

Key filing fact

Kenneth Todd Lane filed Form 4 for LyondellBasell Industries N.V. (LYB) on 27 Feb 2024.

Key facts

  • This page summarizes Kenneth Todd Lane's Form 4 filing for LyondellBasell Industries N.V. (LYB).
  • 10 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 27 Feb 2024, 20:04.

Change

  • Previous filing in this sequence was filed on 23 Feb 2024.
  • Current net transaction value: -$360,619.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LYB transaction

Class A Ordinary Shares

Options Exercise

Transaction value
$828,850
Shares
+8,757
Change %
+9.5%
Price
$94.65
Shares after
100,515
Date
23 Feb 2024
Ownership
Direct
Footnotes
F1
LYB transaction

Class A Ordinary Shares

Options Exercise

Transaction value
$2,031,027
Shares
+20,472
Change %
+20%
Price
$99.21
Shares after
120,987
Date
23 Feb 2024
Ownership
Direct
Footnotes
F1
LYB transaction

Class A Ordinary Shares

Sale

Transaction value
$2,031,027
Shares
-20,472
Change %
-17%
Price
$99.21
Shares after
100,515
Date
23 Feb 2024
Ownership
Direct
Footnotes
F1
LYB transaction

Class A Ordinary Shares

Sale

Transaction value
$868,165
Shares
-8,757
Change %
-8.7%
Price
$99.14
Shares after
91,758
Date
23 Feb 2024
Ownership
Direct
Footnotes
F1, F2
LYB transaction

Class A Ordinary Shares

Tax liability

Transaction value
$229,612
Shares
-2,313
Change %
-2.5%
Price
$99.27
Shares after
89,445
Date
25 Feb 2024
Ownership
Direct
Footnotes
F1, F3
LYB transaction

Class A Ordinary Shares

Options Exercise

Transaction value
$846,988
Shares
+9,489
Change %
+11%
Price
$89.26
Shares after
98,934
Date
26 Feb 2024
Ownership
Direct
Footnotes
F1
LYB transaction

Class A Ordinary Shares

Sale

Transaction value
$938,681
Shares
-9,489
Change %
-9.6%
Price
$98.92
Shares after
89,445
Date
26 Feb 2024
Ownership
Direct
Footnotes
F1, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LYB transaction Derivative

Stock Options (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-20,472
Change %
-67%
Price
$0.000000
Shares after
10,235
Date
23 Feb 2024
Ownership
Direct
Underlying class
Class A Ordinary Shares
Underlying amount
20,472
Exercise price
$99.21
Footnotes
F5
LYB transaction Derivative

Stock Options (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-8,757
Change %
-33%
Price
$0.000000
Shares after
17,510
Date
23 Feb 2024
Ownership
Direct
Underlying class
Class A Ordinary Shares
Underlying amount
8,757
Exercise price
$94.65
Footnotes
F6
LYB transaction Derivative

Stock Options (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-9,489
Change %
-50%
Price
$0.000000
Shares after
9,489
Date
26 Feb 2024
Ownership
Direct
Underlying class
Class A Ordinary Shares
Underlying amount
9,489
Exercise price
$89.26
Footnotes
F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Kenneth Todd Lane is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 7 footnotes

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote F5

Granted pursuant to the issuer's long-term incentive plan. Award has fully vested.

Footnote 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.

Footnote 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.

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