James Malcolm Seward 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)
SVP, R&D, Tech & Sustain.

3. Date of Earliest Transaction (Month/Day/Year)
06/06/2022

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

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)	$103.89(1)	06/06/2022		J		2,378(1)		02/21/2018(2)	02/21/2028	Class A Ordinary Shares	2,378(1)	$0.00	2,378	D
Stock Options (Right to Buy)	$99.21(1)	06/06/2022		J		7,485(1)		02/25/2021(3)	02/25/2031	Class A Ordinary Shares	7,485(1)	$0.00	7,485	D
Stock Options (Right to Buy)	$89.26(1)	06/06/2022		J		6,991(1)		02/24/2022(4)	02/24/2032	Class A Ordinary Shares	6,991(1)	$0.00	6,991	D
Stock Options (Right to Buy)	$78.15(1)	06/06/2022		J		2,728(1)		02/20/2020(5)	02/20/2030	Class A Ordinary Shares	2,728(1)	$0.00	2,728	D
Stock Options (Right to Buy)	$67.4(1)	06/06/2022		J		424(1)		08/15/2019(6)	08/15/2029	Class A Ordinary Shares	424(1)	$0.00	424	D

Explanation of Responses:

1. The transactions reported herein reflect a one-time stock option exercise price adjustment effective June 6, 2022, related to a special dividend of $5.20 per share and pursuant to the adjustment provisions of the LyondellBasell Industries Long Term Incentive Plan, and are being reported in this manner solely to comply with the technical reporting requirements under Section 16(a) of the Securities Exchange Act of 1934. Pursuant to the adjustment, the exercise price of the Stock Options (Right to buy) has been amended to reduce such exercise price by the amount of the special dividend ($5.20). There have been no other changes to the terms of the Stock Options (Right to buy).

2. This stock option award was previously reported as an option relating to 2,378 shares of the Issuer's Stock Options (Right to Buy) at an exercise price of $109.09 per share and was adjusted as a result of the special dividend.

3. This stock option award was previously reported as an option relating to 7,485 shares of the Issuer's Stock Options (Right to Buy) at an exercise price of $104.41 per share and was adjusted as a result of the special dividend.

4. This stock option award was previously reported as an option relating to 6,991 shares of the Issuer's Stock Options (Right to Buy) at an exercise price of $94.46 per share and was adjusted as a result of the special dividend.

5. This stock option award was previously reported as an option relating to 2,728 shares of the Issuer's Stock Options (Right to Buy) at an exercise price of $83.35 per share and was adjusted as a result of the special dividend.

6. This stock option award was previously reported as an option relating to 424 shares of the Issuer's Stock Options (Right to Buy) at an exercise price of $72.60 per share and was adjusted as a result of the special dividend.

Remarks:

	/s/ N. Elizabeth Campbell, Attorney-in-Fact	06/08/2022
	** 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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