SEC Form 4 · accession 0001562180-19-001248
LyondellBasell Industries N.V. · LYB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bhavesh V. Patel
Officer — Chief Executive Officer
Period of report
Feb 20, 2019
Accepted (ET)
Feb 22, 2019 · 11:39 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 | 16,603 | $89.16 | D | 109,382 | D | |
| Class A Ordinary SharesF3,F2 | Feb 20, 2019 | A | 42,192 | $89.16 | A | 151,574 | D | |
| Class A ordinary shares | holding | — | — | — | 130,618 | I | By Family Trust |
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 42,192 shares of performance-based stock granted to the Reporting Person on February 16, 2016.
- F2Includes 81,052 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 23,637 granted on January 12, 2015 that vest on January 12, 2020; 30,344 granted on February 16, 2017 that vest on February 16, 2020 and 27,071 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.