SEC Form 4 · accession 0001225208-16-027023
LyondellBasell Industries N.V. · LYB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James D Guilfoyle
Officer — SVP, Global I&D, Supply Chain
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 6:12 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,F2 | Feb 16, 2016 | A | 1,740 | $0.00 | A | 4,525 | D | |
| Class A ordinary sharesF2 | Feb 16, 2016 | A | 1,461 | $0.00 | A | 5,986 | D | |
| Class A ordinary sharesF3,F2 | Feb 16, 2016 | F | 525 | $77.93 | D | 5,461 | 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 OptionF4 | $77.93 | Feb 16, 2016 | A | 5,667 | A | — | Feb 16, 2026 | Class A ordinary shares | 5,667 | 5,667 | D |
Explanation of responses
- F1Represents 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.
- F2Includes 4,246 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 1,004 granted November 28, 2011 vest on November 28, 2016; 584 granted on February 28, 2012 vest on February 28, 2017; 446 granted on February 12, 2013 vest on February 12, 2018; 331 granted on February 20, 2014 vest on February 20, 2017; 328 granted on February 17, 2015 vest on February 17, 2018; 92 granted on June 1, 2015 vest on June 1, 2018. The 1,461 RSUs reported on this Form 4 vest on February 16, 2019.
- F3Represents shares required to satisfy tax withholding obligations in connection with the vesting of 1,740 shares of qualified performance-based stock granted to the Reporting Person on February 12, 2013.
- F4Granted pursuant to the issuer's long-term incentive plan. Award vests in three equal installments on the 1st, 2nd and 3rd anniversaries of the date of grant of February 16, 2016.