LyondellBasell Industries N.V. 4
4 · LyondellBasell Industries N.V. · Filed Feb 18, 2016
Insider Transaction Report
Form 4
Covezzi Massimo
SVP Research & Development
Transactions
- Award
Class A ordinary shares
2016-02-16+3,048→ 17,314 total - Award
Class A ordinary shares
2016-02-16+1,436→ 18,750 total - Tax Payment
Class A ordinary shares
2016-02-16$77.93/sh−1,497$116,661→ 17,253 total - Award
Opt - Stock Option
2016-02-16+5,568→ 5,568 totalExercise: $77.93Exp: 2026-02-16→ Class A ordinary shares (5,568 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 2,652 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 1,216 granted on February 17, 2015 that vest on February 17, 2018. The 1,436 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 3,048 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 in three equal installments on the 1st, 2nd and 3rd anniversaries of the date of grant of February 16, 2016.