SEC Form 4 · accession 0001562180-18-001191
LyondellBasell Industries N.V. · LYB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dale D Friedrichs
Officer — Vice President, HSE
Period of report
Feb 21, 2018
Accepted (ET)
Feb 23, 2018 · 4:13 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 21, 2018 | F | 308 | $109.09 | D | 1,791 | D | |
| Class A Ordinary SharesF3 | Feb 21, 2018 | A | 1,834 | $0.00 | A | 3,625 | D | |
| Class A Ordinary SharesF2 | Feb 21, 2018 | A | 596 | $0.00 | A | 4,221 | D | |
| Class A Ordinary SharesF4,F2 | Feb 21, 2018 | A | 1,101 | $109.09 | A | 5,322 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F5 | $109.09 | Feb 21, 2018 | A | 3,007 | A | — | Feb 21, 2028 | Class A Ordinary Shares | 3,007 | 3,007 | D |
Explanation of responses
- F1Represents shares required to satisfy tax withholding obligations in connection with the vesting of 1,101 shares of performance-based stock granted to the Reporting Person on February 17, 2015.
- F2Includes 3,098 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan including 668 granted on February 16, 2017 that vest on February 16, 2020 and 1,834 granted on February 21, 2018 that vest on February 21, 2021. The 596 RSUs reported on this Form 4 vest on February 21, 2021.
- F3Includes 2,502 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan including 668 granted on February 16, 2017 that vest on February 16, 2020. The 1,834 RSUs reported on this Form 4 vest on February 21, 2021.
- F4Represents shares earned in connection with the performance-based stock previously granted and unreportable on February 17, 2015 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 21, 2018 following certification by the Issuer's compensation committee.
- F5Granted pursuant to the issuer's long-term incentive plan. Award vests as follows: 1,003 vest on February 21, 2019, 1,002 vest on February 21, 2020 and 1,002 vest on February 21, 2021.