SEC Form 4 · accession 0001225208-16-027017

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 16, 2016

Accepted (ET)

Feb 18, 2016 · 6:11 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 shares^F1	Feb 16, 2016	A	22,056	$0.00	A	137,523	D
Class A ordinary shares^F2,F1	Feb 16, 2016	A	5,143	$0.00	A	142,666	D
Class A ordinary shares^F3,F1	Feb 16, 2016	F	1,696	$77.93	D	140,970	D
Class A ordinary shares^F4	holding	—	—		—	61,810	I	By Family Trust

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Opt - Stock Option^F5	$77.93	Feb 16, 2016	A	85,553	A	—	Feb 16, 2026	Class A ordinary shares	85,553	85,553	D

Explanation of responses

F1Includes 127,136 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 875 granted on February 20, 2014 that vest on February 20, 2017; 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 granted on February 17, 2015 that vest on February 17, 2018. The 22,056 RSUs reported on this Form 4 vest on February 16, 2019.
F2Represents shares earned in connection with the qualified performance-based stock previously granted and unreportable on February 12, 2013 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 16, 2016 following certification by the Issuer's compensation committee.
F3Represents shares required to satisfy tax withholding obligations in connection with the vesting of 5,143 shares of qualified performance-based stock granted to the Reporting Person on February 12, 2013.
F4These shares were previously reported as directly-owned by the reporting person but were transferred on June 8, 2015 to the reporting person's family trust.
F5Granted pursuant to the issuer's long-term incentive plan. Award vests as follows: 28,519 vest in on February 16, 2017; 28,517 vest on February 16, 2018 and 28,517 vest on February 16, 2019.