SEC Form 4 · accession 0001225208-15-012757
LyondellBasell Industries N.V. · LYB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karyn F. Ovelmen
Officer — EVP & CFO
Period of report
May 22, 2015
Accepted (ET)
May 26, 2015 · 2:36 pm EDT
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 | May 22, 2015 | M | 4,913 | $85.80 | A | 51,909 | D | |
| Class A ordinary sharesF2,F1 | May 22, 2015 | S | 20,745 | $103.0151 | D | 31,164 | 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 OptionF3 | $85.80 | May 22, 2015 | M | 4,913 | D | — | Feb 20, 2025 | Class A ordinary shares | 4,913 | 9,822 | D |
Explanation of responses
- F1Includes 31,163 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan; 8,676 granted on October 17, 2011 that vest on October 17, 2016; 9,811 granted on February 28, 2012 that vest on February 28, 2017; 7,348 granted on February 12, 2013 that vest on February 12, 2018 and 5,328 granted on February 20, 2014 that vest on February 20, 2017.
- F2This transaction was executed in multiple trades at prices ranging from $102.589 to $103.38. 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.
- F3Granted pursuant to the issuer's long-term incentive plan. The option was originally granted on February 20, 2014 and vests in three equal installments on the 1st, 2nd and 3rd anniversaries of the date of grant.