FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Ovelmen Karyn F.
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 & CFO
(Last)          (First)          (Middle)

4TH FLOOR, ONE VINE STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

10/17/2014
(Street)

LONDON, X0 W1J 0AH
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   10/17/2014     F    424.0000   (1) D $89.6300   34394.0000   (2) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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

Explanation of Responses:
( 1)  On October 17, 2014 the reporting person's restricted stock units automatically vested 1,012 shares. 424 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations.
( 2)  Includes 32,073 restricted stock units granted pursuant to the issuer's long-term incentive plan; 8,676 granted on October 17, 2011 that vest on October 17, 2016, 9,811 granted on February 28, 2012 that vest on February 28, 2017, 910 granted on December 11, 2012 that vest on February 28, 2015, 7,348 granted on February 12, 2013 that vest on February 12, 2018 and 5,328 granted on February 20, 2014 that vest on February 20, 2017.

Remarks:
The total amount of securities beneficially owned has been updated to correct an administrative error related to the name of a security class in a previous filing submitted on October 17, 2011. 8,676 RSUs were previously reported using a security class name of Restricted Stock Units, rather than Class A ordinary shares as they should have been correctly reported. As a result, this amount was not included as Class A ordinary shares and incorrectly reported on subsequent Form 4s filed for the reporting person. This balance now reflects the accurate beneficial ownership of shares. This is intended to amend all prior filings since the securities were acquired.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Ovelmen Karyn F.
4TH FLOOR
ONE VINE STREET
LONDON, X0 W1J 0AH


EVP & CFO

Signatures
/s/ Amanda K. Maki, Attorney in Fact 10/21/2014
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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