SEC Form 4 · accession 0001562180-19-001241
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 20, 2019
Accepted (ET)
Feb 22, 2019 · 11:37 am 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 20, 2019 | F | 311 | $89.16 | D | 5,011 | D | |
| Class A Ordinary SharesF3,F2 | Feb 20, 2019 | A | 1,059 | $89.16 | A | 6,070 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares required to satisfy tax withholding obligations in connection with the vesting of 1,059 shares of performance-based stock granted to the Reporting Person on February 16, 2016.
- 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, 596 granted on February 21, 2018 that vest on February 21, 2021 and 1,834 granted on February 21, 2018 that vest on February 21, 2021.
- F3Represents shares earned in connection with the performance-based stock previously granted and unreportable on February 16, 2016 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 20, 2019 following certification by the Issuer's compensation committee.