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). | |||||||||||||||||
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
LyondellBasell Industries N.V. [ LYB ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 02/21/2024 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) 02/23/2024 |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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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 | 02/21/2024 | F | 45(1) | D | $97.38 | 3,984(2) | D | |||
Class A Ordinary Shares | 02/21/2024 | F | 220(3) | D | $97.38 | 3,764(2) | D | |||
Class A Ordinary Shares | 02/21/2024 | A | 462(4) | A | $97.38 | 4,226(2) | D | |||
Class A Ordinary Shares | 02/21/2024 | A | 94(5) | A | $97.38 | 4,320(2) | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 |
Explanation of Responses: |
1. Represents shares required to satisfy tax withholding obligations for dividend equivalents accrued of 94 shares in connection with performance-based stock units granted to the Reporting Person on February 25, 2021. |
2. Includes 2,806 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 428 granted on February 25, 2021 that vest on February 25, 2024; 400 granted on February 24, 2022 that vest on February 24, 2025; 110 granted on April 1, 2022 that vest on April 1, 2024; 273 granted on October 15, 2022 that vest on October 15, 2025 and 1,595 granted on February 23, 2023 that vest on February 23, 2026. |
3. Represents shares required to satisfy tax withholding obligations in connection with the vesting of 462 shares of performance-based stock units granted to the Reporting Person on February 25, 2021. |
4. Represents shares earned in connection with the performance-based stock units previously granted and unreportable on February 25, 2021 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, 2024 following certification by the Issuer's Compensation & Talent Development Committee. |
5. Represents shares from the settlement of dividend equivalents that accrued on the performance-based stock units prior to vesting. |
Remarks: |
This Form 4/A is being filed to correct a computer systems error that incorrectly calculated the total beneficial ownership of the reporting person. |
/s/ Lara A. Mason, Attorney-in-Fact | 02/28/2024 | |
** 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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |