LyondellBasell Industries N.V. 4
4 · LyondellBasell Industries N.V. · Filed Feb 18, 2016
Insider Transaction Report
Form 4
Brown Kevin W.
SVP Refining
Transactions
- Award
Class A ordinary shares
2016-02-16+7,664→ 145,063 total - Award
Class A ordinary shares
2016-02-16+3,882→ 148,945 total - Tax Payment
Class A ordinary shares
2016-02-16$77.93/sh−2,109$164,354→ 146,836 total - Award
Opt - Stock Option
2016-02-16+15,058→ 15,058 totalExercise: $77.93Exp: 2026-02-16→ Class A ordinary shares (15,058 underlying)
Footnotes (4)
- [F1]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.
- [F2]Includes 20,211 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 2,212 granted on January 21, 2015 that vest on January 21, 2017; 3,686 granted on January 21, 2015 that vest on January 21, 2018; 3,687 granted on January 21, 2015 that vest on January 21, 2019; 3,686 granted on January 21, 2015 that vest on January 21, 2020 and 3,058 granted on February 17, 2015 that vest on February 17, 2018. The 3,882 RSUs reported on this Form 4 vest on February 16, 2019.
- [F3]Represents shares required to satisfy tax withholding obligations in connection with the vesting of 7,664 shares of qualified performance-based stock granted to the Reporting Person on February 12, 2013.
- [F4]Granted pursuant to the issuer's long-term incentive plan. Award vests as follows: 5,020 vest in on February 16, 2017; 5,019 vest on February 16, 2018 and 5,019 vest on February 16, 2019.