LyondellBasell Industries N.V. 4
4 · LyondellBasell Industries N.V. · Filed Feb 18, 2016
Insider Transaction Report
Form 4
Vasnetsov Sergey
SVP Strategic Planning
Transactions
- Award
Class A ordinary shares
2016-02-16+4,329→ 6,469 total - Award
Class A ordinary shares
2016-02-16+2,593→ 9,062 total - Tax Payment
Class A ordinary shares
2016-02-16$77.93/sh−1,202$93,672→ 7,860 total - Award
Opt - Stock Option
2016-02-16+10,055→ 10,055 totalExercise: $77.93Exp: 2026-02-16→ Class A ordinary shares (10,055 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 4,733 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 2,140 granted on February 17, 2015 that vest on February 17, 2018. The 2,593 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 4,329 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: 3,353 vest in on February 16, 2017; 3,351 vest on February 16, 2018 and 3,351 vest on February 16, 2019.