LyondellBasell Industries N.V. 4
4 · LyondellBasell Industries N.V. · Filed Feb 21, 2017
Insider Transaction Report
Form 4
Covezzi Massimo
SVP Research & Development
Transactions
- Award
Class A ordinary shares
2017-02-16+1,554→ 11,256 total - Award
Class A ordinary shares
2017-02-16+1,234→ 12,490 total - Tax Payment
Class A ordinary shares
2017-02-16$92.69/sh−762$70,630→ 11,728 total - Award
Opt - Stock Option
2017-02-16+5,308→ 5,308 totalExercise: $92.69Exp: 2027-02-16→ Class A ordinary shares (5,308 underlying)
Footnotes (4)
- [F1]Represents shares earned in connection with the performance-based stock previously granted and unreportable on February 20, 2014 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, 2017 following certification by the Issuer's compensation committee.
- [F2]Includes 3,946 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 and 1,436 granted on February 16, 2016 that vest on February 16, 2019. The 1,294 RSUs reported on this Form 4 vest on February 16, 2020.
- [F3]Represents shares required to satisfy tax withholding obligations in connection with the vesting of 1,554 shares of performance-based stock granted to the Reporting Person on February 20, 2014.
- [F4]Granted pursuant to the issuer's long-term incentive plan. Award vests as follows: 1,770 vest on February 16, 2018, 1,769 vest on February 16, 2019 and 1,769 vest on February 16, 2020.