SEC Form 4 · accession 0001225208-15-004833
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
Bhavesh V. Patel
Officer — Chief Executive Officer
Period of report
Feb 17, 2015
Accepted (ET)
Feb 19, 2015 · 6:54 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 | 19,110 | $0.00 | A | 217,401 | D | |
| Class A ordinary sharesF2,F1 | Feb 17, 2015 | A | 6,669 | $0.00 | A | 224,070 | D | |
| Class A ordinary sharesF3,F1 | Feb 17, 2015 | A | 342 | $0.00 | A | 224,412 | D | |
| Class A ordinary sharesF4,F1 | Feb 17, 2015 | F | 139 | $89.94 | D | 224,273 | D | |
| Class A ordinary sharesF5,F1 | Feb 17, 2015 | F | 2,710 | $89.94 | D | 221,563 | 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 | 70,211 | A | — | Feb 17, 2025 | Class A ordinary shares | 70,211 | 70,211 | D |
Explanation of responses
- F1Includes 194,736 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 99,310 granted on April 30, 2010 that vest on April 30, 2015; 875 granted on February 20, 2014 that vest on February 20, 2017; 9,456 granted on January 12, 2015 that vest on January 12, 2016; 14,183 granted on January 12, 2015 that vest on January 12, 2017; 23,638 granted on January 12, 2015 that vest on January 12, 2018; 23,637 granted on January 12, 2015 that vest on January 12, 2019; 23,637 granted on January 12, 2015 that vest on January 12, 2020 and 19,110 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 342 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 6,669 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: 23,405 vest on February 17, 2016, 23,403 vest on February 17, 2017 and 23,403 vest on February 17, 2018.