SEC Form 4 · accession 0001225208-15-004828
LyondellBasell Industries N.V. · LYB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Michael D VanDerSnick
Officer — SVP, Manufacturing EAI
Period of report
Feb 17, 2015
Accepted (ET)
Feb 19, 2015 · 6:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001489393
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A ordinary sharesF1 | Feb 17, 2015 | A | 1,084 | $0.00 | A | 16,197 | D | |
| Class A ordinary sharesF2,F1 | Feb 17, 2015 | A | 451 | $0.00 | A | 16,648 | D | |
| Class A ordinary sharesF3,F1 | Feb 17, 2015 | A | 24 | $0.00 | A | 16,672 | D | |
| Class A ordinary sharesF4,F1 | Feb 17, 2015 | F | 8 | $89.94 | D | 16,664 | D | |
| Class A ordinary sharesF5,F1 | Feb 17, 2015 | F | 167 | $89.94 | D | 16,497 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opt - Stock OptionF6 | $89.94 | Feb 17, 2015 | A | 3,982 | A | — | Feb 17, 2025 | Class A ordinary shares | 3,982 | 3,982 | D |
Explanation of responses
- F1Includes 15,113 restricted stock units ("RSU") granted pursuant to the issuer's long-term incentive plan: 12,322 granted on April 30, 2010 that vest on April 30, 2015; 60 granted on February 11, 2012 that vest on August 21, 2015; 652 granted on August 21, 2012 that vest on August 21, 2017; 1,267 granted on February 12, 2013 that vest on February 12, 2018; 812 granted on February 20, 2014 that vest on February 20, 2017 and 1,084 RSUs reported on this Form 4 that vest on February 17, 2018.
- F2Represents shares earned in connection with the qualified performance-based stock previously granted and unreportable on February 28, 2012 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 17, 2015 following certification by the Issuer's compensation committee.
- F3Represents shares earned in connection with the qualified performance-based stock previously granted and unreportable on December 11, 2012, 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 17, 2015 following certification by the Issuer's compensation committee.
- F4Represents shares required to satisfy tax withholding obligations in connection with the vesting of 24 shares of qualified performance-based stock granted to the Reporting Person on December 11, 2012.
- F5Represents shares required to satisfy tax withholding obligations in connection with the vesting of 451 shares of qualified performance-based stock granted to the Reporting Person on February 28, 2012.
- F6Granted pursuant to the issuer's long-term incentive plan. Award vests as follows: 1,328 vest on February 17, 2016, 1,327 vest on February 17, 2017 and 1,327 vest on February 17, 2018.