LyondellBasell Industries (LYB) Form 4 LyondellBasell Industries / James Malcolm Seward ownership change

SEC Form 4

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).

1. Name and Address of Reporting Person^*

Seward James Malcolm

(Last) (First) (Middle)

4TH FLOOR

ONE VINE STREET

(Street)

LONDON X0 W1J 0AH

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LyondellBasell Industries N.V. [ LYB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP & Chief Innovation Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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	02/25/2024		F		710(1)	D	$99.27	29,038(2)	D
Class A Ordinary Shares	02/26/2024		M(3)		212	A	$77.8	29,250(2)	D
Class A Ordinary Shares	02/26/2024		M(3)		3,340	A	$94.65	32,590(2)	D
Class A Ordinary Shares	02/26/2024		M(3)		4,661	A	$89.26	37,251(2)	D
Class A Ordinary Shares	02/26/2024		F(3)		190	D	$98.82	37,061(2)	D
Class A Ordinary Shares	02/26/2024		F(3)		3,269	D	$98.82	33,792(2)	D
Class A Ordinary Shares	02/26/2024		F(3)		4,434	D	$98.82	29,358(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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
Stock Options (Right to Buy)	$94.65	02/26/2024		M			3,340	(4)	02/23/2033	Class A Ordinary Shares	3,340	$0.00	6,678	D
Stock Options (Right to Buy)	$89.26	02/26/2024		M			4,661	(5)	02/24/2032	Class A Ordinary Shares	4,661	$0.00	2,330	D
Stock Options (Right to Buy)	$77.8	02/26/2024		M			212	(6)	10/15/2032	Class A Ordinary Shares	212	$0.00	424	D

Explanation of Responses:

1. Represents shares withheld by the issuer to satisfy tax withholding obligations in connection with the vesting 1,433 shares of restricted stock units granted to the reporting person on February 25, 2021.

2. Includes 9,663 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 1,768 granted on February 24, 2022 that vest on February 24, 2025; 168 granted on October 15, 2022 that vest on October 15, 2025; 2,639 granted on February 23, 2023 that vest on February 23, 2026 and 5,088 granted on February 22, 2024 of which 1,696 vest on February 22, 2025, 1,696 vest on February 22, 2026 and 1,696 vest on February 22, 2027.

3. Represents a cashless exercise-and-hold, where shares were withheld to cover the option exercise price and anticipated taxes, and the remaining shares are retained by the reporting person.

4. Granted pursuant to the issuer's long-term incentive plan. Award vests as follows: 3,340 vested on February 23, 2024, 3,339 vest on February 23, 2025 and 3,339 vest on February 23, 2026.

5. Granted pursuant to the issuer's long-term incentive plan. Award vests as follows: 2,331 vested on February 24, 2023, 2,330 vested on February 24, 2024 and 2,330 vest on February 24, 2025.

6. Granted pursuant to the issuer's long-term incentive plan. Award vests as follows: 212 vested on October 15, 2023, 212 vest on October 15, 2024 and 212 vest on October 15, 2025.

Remarks:

	/s/ Lara A. Mason, Attorney-in-Fact	02/27/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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