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Filing Details

Accession Number:
0001140361-14-010562
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-03 16:28:14
Reporting Period:
2014-02-28
Filing Date:
2014-03-03
Accepted Time:
2014-03-03 16:28:14
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1262823 Westlake Chemical Corp WLK Industrial Organic Chemicals (2860) 760346924
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1298632 R David Hansen 2801 Post Oak Boulevard, Suite 600
Houston TX 77056
Sr Vp Adminstration No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-02-28 1,006 $91.40 14,446 No 4 M Direct
Common Stock Acquisiton 2014-02-28 3,226 $60.11 17,672 No 4 M Direct
Common Stock Disposition 2014-02-28 4,232 $134.50 13,440 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Option (right to buy) Disposition 2014-02-28 1,006 $0.00 1,006 $91.40
Common Stock Employee Option (right to buy) Disposition 2014-02-28 3,226 $0.00 3,226 $60.11
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,014 2023-02-15 No 4 M Direct
1,614 2022-02-17 No 4 M Direct
Footnotes
  1. The stock options are exercisable in three installments of 33%, 33% and 34% on February 15, 2014, 2015 and 2016, respectively.
  2. The stock options are exercisable in three installments of 33%, 33% and 34% on February 17, 2013, 2014 and 2015, respectively.
  3. In accordance with the Securities and Exchange Commission's No Action Letter dated June 25, 2008, we have aggregated the sales that occurred on February 28, 2014 for ease of reporting. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $134.41 to $134.4601, inclusive. The reporting person undertakes to provide to Westlake Chemical Corporation, any security holder of Westlake Chemical Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) to this Form 4.