SEC Form 4 · accession 0001225208-17-004029
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, 2017
Accepted (ET)
Feb 21, 2017 · 7:34 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 16, 2017 | A | 2,126 | $0.00 | A | 7,312 | D | |
| Class A ordinary sharesF2,F1 | Feb 16, 2017 | A | 860 | $0.00 | A | 8,172 | D | |
| Class A ordinary sharesF3,F1 | Feb 16, 2017 | F | 278 | $92.69 | D | 7,894 | 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 | $92.69 | Feb 16, 2017 | A | 9,148 | A | — | Feb 16, 2027 | Class A ordinary shares | 9,148 | 9,148 | D |
Explanation of responses
- F1Includes 6,372 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 and 1,461 granted on February 16, 2016 that vest on February 16, 2019. The 2,126 RSUs reported on this Form 4 vest on February 16, 2020.
- F2Represents shares earned in connection with the performance-based stock previously granted and unreportable on February 20, 2014 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, 2017 following certification by the Issuer's compensation committee.
- F3Represents shares required to satisfy tax withholding obligations in connection with the vesting of 860 shares of performance-based stock granted to the Reporting Person on February 20, 2014.
- F4Granted pursuant to the issuer's long-term incentive plan. Award vests as follows: 3,050 vest on February 16, 2018, 3,049 vest on February 16, 2019 and 3,049 vest on February 16, 2020.