SEC Form 4 · accession 0001562180-18-001194
LyondellBasell Industries N.V. · LYB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel M Coombs
Officer — EVP - Global O&P, Proc, Tech
Period of report
Feb 21, 2018
Accepted (ET)
Feb 23, 2018 · 4:31 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 | 759 | $109.09 | D | 10,870 | D | |
| Class A Ordinary SharesF3 | Feb 21, 2018 | A | 1,531 | $0.00 | A | 12,401 | D | |
| Class A Ordinary SharesF2 | Feb 21, 2018 | A | 4,877 | $0.00 | A | 17,278 | D | |
| Class A Ordinary SharesF4,F2 | Feb 21, 2018 | A | 3,088 | $109.09 | A | 20,366 | 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 | 24,617 | A | — | Feb 21, 2028 | Class A Ordinary Shares | 24,617 | 24,617 | D |
Explanation of responses
- F1Represents shares required to satisfy tax withholding obligations in connection with the vesting of 3,088 shares of performance-based stock granted to the Reporting Person on May 29, 2015.
- F2Includes 17,271 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 1,287 granted on May 29, 2015 that vest on May 29, 2018; 4,235 granted on February 16, 2016 that vest on February 16, 2019; 5,341 granted on February 16, 2017 that vest on February 16, 2020 and 1,531 granted on February 21, 2018 that vest on February 21, 2021. The 4,877 RSUs reported on this Form 4 vest on February 21, 2021.
- F3Includes 12,394 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 1,287 granted on May 29, 2015 that vest on May 29, 2018; 4,235 granted on February 16, 2016 that vest on February 16, 2019; 5,341 granted on February 16, 2017 that vest on February 16, 2020. The 1,531 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 May 29, 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: 8,207 vest on February 21, 2019, 8,205 vest on February 21, 2020 and 8,205 vest on February 21, 2021.