SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Patel Bhavesh V.

(Last) (First) (Middle)
4TH FLOOR
ONE VINE STREET

(Street)
LONDON X0 W1J 0AH

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LyondellBasell Industries N.V. [ LYB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/16/2016
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/18/2016
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A ordinary shares 02/16/2016 A 26,066 A $0.0000 141,533(1) D
Class A ordinary shares 02/16/2016 A 5,143(2) A $0.0000 146,676(1) D
Class A ordinary shares 02/16/2016 F 1,696(3) D $77.93 144,980(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Opt - Stock Option $77.93 02/16/2016 A 101,108 (4) 02/16/2026 Class A ordinary shares 101,108 $0.0000 101,108 D
Explanation of Responses:
1. Includes 131,146 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 875 granted on February 20, 2014 that vest on February 20, 2017; 14,183 granted on January 12, 2015 that vest on January 12, 2017; 23,638 granted on January 12, 2015 that vest on January 12, 2018; 23,637 granted on January 12, 2015 that vest on January 12, 2019; 23,637 granted on January 12, 2015 that vest on January 12, 2020 and 19,110 granted on February 17, 2015 that vest on February 17, 2018. The 26,066 RSUs reported on this Form 4 vest on February 16, 2019.
2. Represents shares earned in connection with the qualified performance-based stock previously granted and unreportable on February 12, 2013 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, 2016 following certification by the Issuer's compensation committee.
3. Represents shares required to satisfy tax withholding obligations in connection with the vesting of 5,143 shares of qualified performance-based stock granted to the Reporting Person on February 12, 2013.
4. Granted pursuant to the issuer's long-term incentive plan. Award vests as follows: 33,704 vest in on February 16, 2017; 33,702 vest on February 16, 2018 and 33,702 vest on February 16, 2019.
Remarks:
Due to an administrative error, this Form 4 corrects the number of shares acquired by the Reporting Person which was 26,066 and not 22,056 and corrects the stock options granted which was 101,108 not 85,553 as reported on the Form 4 filed on February 18, 2016. The beneficial ownership amounts and Footnotes 1 and 5 have been adjusted accordingly.
/s/ Amanda K. Maki, Attorney in Fact 02/23/2016
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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